What is Sucden's lead price forecast for 2022?

Sucden’s lead price forecast for 2022 expected the average lead metal prices in a range of $2,000 to $2,250/t this year. The broker also pointed out that despite rising production, supply in Europe and the US was expected to remain tight because of logistic issues.

Why are lead prices on a downtrend?

The London Metal Exchange’s ( LME) benchmark three-month contract closed at $1,824.23 a metric tonne (t) on 14 July, down 12.37% from a month ago. Lead prices have been on a downtrend since March 2022 as global consumption for the metal was expected to fall because of lower demand caused by the slowing global economic growth.

What is the lead price back to 1960?

View and export this data back to 1960. Upgrade now. Lead Price is at a current level of 2093.06, down from 2201.26 last month and down from 2296.86 one year ago. This is a change of -4.92% from last month and -8.87% from one year ago.