Lead Price OutlookLead prices tumbled to a more than one-year low at the start of the year, before recovering somewhat from 7 January. On 11 January, the spot price closed the day at USD 1,989 per metric ton, which was 1.2% higher than on the same day a month earlier. However, the price was down 0.9% on a year-to-date basis and was 22.1% lower than on the same day last year. Tighter global financial conditions against the backdrop of ongoing trade war tensions have darkened the outlook for the world economy, boding ill for base metals demand. The Chinese manufacturing sector contracted for the first time in 17 months in December, which, given China is the world’s largest consumer of lead, exerted downward pressure on prices. This was despite tighter supply in the run-up to the Chinese New Year.
Lead Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Lead Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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