World Lead Price today

The Lead price today, updated on 08/09/2026, is trading at 1,916.50 USD/mt, equivalent to approximately 49,972,738 VND/ton. Compared to the previous trading session, the price of this metal recorded a slight growth of 0.04%, indicating a positive volatility trend in the global metal market and directly affecting input material prices in Vietnam.

Over the past 30 days, the Lead market has maintained a stable fluctuation range from 1,888.70 USD to 1,919.90 USD/mt. The average price for the current month reached 1,907.84 USD/mt (approximately 49,746,928 VND/ton), a slight increase from the previous month's average of 1,898.27 USD/mt. This increase reflects signs of recovery in Lead consumption demand within industrial manufacturing sectors, particularly in the production of batteries and electronic equipment.

Below are the Lead price movements in the most recent trading sessions for businesses and investors to reference:

• Date 08/09/2026: 1,916.50 USD/mt (49,972,738 VND/ton)
• Date 07/09/2026: 1,900.50 USD/mt (49,555.538 VND/ton)
• Date 06/09/2026: 1,907.60 USD/mt (49,740,670 VND/ton)
• Date 05/09/2026: 1,907.60 USD/mt (49,740,670 VND/ton)

Overall, despite a slight difference of about 0.80 USD in today's session, with a prevailing upward trend, the Lead price is establishing a stable zone above the 1,900 USD/mt threshold, creating momentum for material supply plans in the late quarter.

On the international market, Lead is traded in units of mt and quoted in USD.

Lead belongs to the Metals commodity group. It is one of the commonly traded commodity groups on world commodity exchanges.

Lead prices on the world market, priced in USD and traded in mt units, are influenced by various complex factors, primarily revolving around supply and demand dynamics, along with macroeconomic and geopolitical factors.

• Demand Factors: Approximately 80-85% of Lead demand comes from the lead-acid battery industry, serving automobiles (starting, standby), telecommunications, and uninterruptible power supply (UPS) systems. Therefore, global automotive industry growth, new vehicle sales, and battery replacement demand are key drivers. Additionally, other industries such as power cables, construction materials, and ammunition also contribute to overall demand. Global economic growth directly affects these consuming sectors.
• Supply Factors: Lead supply comes from mining (major producing countries include China, Australia, and the USA) and particularly from recycling (Lead has a very high recycling rate, mainly from old batteries). Any disruption in mining activities (strikes, technical incidents, stricter environmental regulations) or changes in recycling capacity affects total supply. Inventory levels at major exchanges like the LME are also important indicators of the supply-demand balance.
• Policies and Regulations: Environmental policies related to Lead mining, production, and recycling can increase production costs or limit supply. Trade policies (tariffs, quotas) between major producing and consuming nations can also cause price volatility.
• Macroeconomics and Currency: The strength of the US Dollar (USD) has a significant impact, as Lead is priced in USD. When the USD strengthens, Lead becomes more expensive for buyers using other currencies, which can reduce demand. The global economic situation, inflation, interest rates, and expectations of recession/recovery all impact market sentiment and industrial demand.
• Geopolitical Factors and Unexpected Events: Geopolitical events, conflicts in key mining/production regions, or natural disasters can disrupt supply chains, affecting output and prices. Speculative sentiment from investors in the derivatives market also contributes to short-term volatility.

The forecast for Lead (Pb) prices in the coming period shows a sideways trend with slight upward adjustment pressure in the medium term, influenced by global supply-demand and macroeconomic factors.

Regarding fundamental analysis, global Lead supply still faces challenges from the closure of old mines, limited investment in new mines, and increasingly strict environmental regulations, especially in China – the largest producer. However, output from recycling plants is increasing, partially offsetting the shortfall from mining. On the demand side, demand for Lead remains stable, primarily coming from the battery manufacturing industry (both starter batteries for ICE vehicles and backup batteries for renewable energy systems). The construction and industrial sectors also maintain a certain level of consumption. The global economic recovery, particularly in China and the US, will be a key supporting factor for demand.

Macro factors continue to play an important role. A stronger USD could create downward pressure on base metals, while expectations of future interest rate cuts by the US Federal Reserve (FED) could support prices. Inventory levels on the London Metal Exchange (LME) and Shanghai Futures Exchange (SHFE) need to be closely monitored; low inventory levels will be a price-supporting factor. Geopolitical tensions or supply chain disruptions could also cause sudden volatility.

From a technical analysis perspective, Lead prices are trading in a sideways channel with a slight upward trend. Key support levels are around 2,100 - 2,150 USD/mt, while the main resistance level is 2,250 - 2,300 USD/mt. If the price convincingly breaks through this resistance zone, the upward momentum could be strengthened. Conversely, a break below the support level could lead to a deeper correction. Investors should closely monitor technical signals combined with macroeconomic developments and inventories to make decisions.

To decide whether to buy or sell Lead at the current time, investors need to carefully evaluate fundamental and technical factors. The Lead market is showing complex signals, requiring caution. Currently, there is no dominant clear trend; therefore, maintaining a neutral position or trading short-term within a range may be an appropriate strategy, while closely monitoring new developments.

Regarding fundamental analysis, Lead demand primarily comes from the lead-acid battery manufacturing industry (accounting for about 85% of total demand), serving the automotive industry (both electric and traditional vehicles), motorcycles, and energy storage systems (ESS). Global economic recovery, especially in China (the largest Lead consumer), will be the main driver. On the supply side, output from mining and recycling used batteries is relatively stable but could be affected by increasingly strict environmental regulations. The inventory situation at the London Metal Exchange (LME) needs to be monitored; low inventories usually support prices, while increasing inventories can create downward pressure.

Regarding technical analysis, Lead prices (USD/mt) on the LME may be in an accumulation or correction phase. Investors should identify key support and resistance levels. A breakout above a strong resistance level could confirm an uptrend, while a break below support could open a downtrend. Momentum indicators and trading volume will provide additional signals. Furthermore, USD volatility is also a factor to consider, as a strong USD typically reduces the attractiveness of commodities for buyers using other currencies. All investment decisions should be based on individual risk assessment and always accompanied by risk management measures such as setting stop-loss points.