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Global benchmarks · Updated 7 Oct 2026

LME Lead Price Today

London Metal Exchange cash settlement price in US$ per tonne, with the ₹ per kg equivalent and trend. Shown with a 2-day delay; today’s live LME price is free for registered Recyclaro members.

LME cash price · 7 Oct 2026$1,845/tonne▲ +0.38%
In ₹
₹178.42 /kg
Previous day
$1,838 /t
Price date
Today’s live price
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LME lead price trend

Period change▼ -1.89%
Period high$1,909
Period low$1,827
UnitUS$/tonne
1,8171,8431,8681,8931,91928 Aug17 Sep7 Oct
Daily prices, last 10 trading days
DateUS$/tonne₹/kgChange
$1,845₹178.42▲ +0.38%
$1,838₹177.74▲ +0.44%
$1,830₹176.97▲ +0.14%
$1,827₹176.73▼ -0.54%
$1,837₹177.69▼ -1.02%
$1,856₹179.53▼ -1.07%
$1,876₹181.47▼ -0.53%
$1,886₹182.43▼ -0.87%
$1,903₹184.03▲ +0.13%
$1,900₹183.79–
About this benchmark

What is the LME lead price?

The LME lead price is the global benchmark for lead. More than 80% of lead goes into batteries, so it sets the direction for lead scrap and lead-acid battery scrap prices.

Price drivers

What moves this price

  • Battery replacement demand
  • Secondary (recycled) lead supply
  • Smelter compliance costs
  • The US dollar

India scrap grades linked to LME lead

GradeLive rate (₹/kg)Change
Lead ScrapSign up to view▲ +0.71%
Lead-Acid Battery ScrapSign up to view▲ +0.71%
Market update · 11 October 2026

Copper firm on China restocking and Chile strike; weak rupee keeps Indian scrap rates high

Aluminium, zinc, lead, nickel, tinMixed

Risk-off sell-off on Thursday, partial recovery on Friday

Tin fell about 5% and lead, zinc, nickel and aluminium each lost at least 1% on Thursday as oil jumped and equities fell. Prices steadied on Friday. Aluminium is trading below its levels earlier in the year.

For your business: Aluminium and zinc scrap rates have softened slightly. Short-term swings are large, so lock prices on the day of the deal rather than relying on last week’s quote.

RupeePrices up

Rupee near its record low around ₹96.8 per dollar

The rupee ended the week near ₹96.8 per dollar, close to its all-time low of ₹96.96, despite the RBI stepping in and raising interest rates for the first time in nearly four years. A strong dollar, high oil prices and foreign outflows are weighing on the currency.

For your business: A weaker rupee makes imported metal and scrap dearer in rupee terms, which supports domestic scrap prices even when LME prices are flat.

Read today’s full market update →
FAQ

LME lead price: common questions

What is the LME lead price today?

Recyclaro shows the LME lead price with a 2-day delay: on 7 October 2026 the cash price was $1,845 per tonne (+0.38% on the day), about ₹178.42 per kg. Today’s live LME price is free for registered members: sign up or log in.

How does the LME lead price affect scrap prices in India?

Indian lead scrap is priced off the LME, converted to rupees at the day’s exchange rate. A move on the LME usually reaches Indian scrap yards within one to three trading days.

Why does the LME lead price change?

Battery replacement demand; Secondary (recycled) lead supply; Smelter compliance costs; The US dollar.

How often is this price updated?

Several times a day. The date next to the price shows the latest market day it reflects.

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