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Lead Price — 10-Day Trend Behind the Drivers
All prices in ₹ per gram · daily rate, updated once per day
The Three Forces That Actually Move Lead's Price
Today's lead rate stands at ₹0.17 per gram, and behind every move in that number sit three interlocking forces: how much battery demand automotive and backup-power sectors are generating, how much recycled scrap is flowing back through secondary smelters, and how much fresh mined supply is coming out of the ground. Understanding these three explains most of what shows up on the chart above.
Lead's demand profile is unusually concentrated for an industrial metal. Where copper spreads across construction, electronics and power infrastructure, lead's fate rests overwhelmingly on one application family: lead-acid batteries.
- Demand driver: lead-acid batteries — automotive starter and stationary backup/telecom power
- Primary supply constraint: mined output from China, Australia, Peru, the US and Mexico, often as a zinc co-product
- Secondary supply — the distinctive one: recycled lead from used batteries, an unusually large share of total supply
Lead Price by Weight
Today's Lead rate is Less than One Rupees per gram. At this rate, 10 grams of Lead costs Two Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹0.17 | Less than One Rupees |
| 8 Grams | 8.0000 g | ₹1.33 | One Rupees |
| 10 Grams | 10.0000 g | ₹1.66 | Two Rupees |
| 100 Grams | 100.0000 g | ₹16.63 | Seventeen Rupees |
| 1 Kilogram | 1,000.0000 g | ₹166.28 | One Hundred and Sixty Six Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹4.71 | Five Rupees |
| 1 Troy Ounce | 31.1035 g | ₹5.17 | Five Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹166,276.00 | One Lakh Sixty Six Thousand Two Hundred and Seventy Six Rupees |
Demand: Batteries Dominate Almost Everything Else
Lead-acid batteries account for the large majority of global lead consumption today. Automotive starter batteries need replacing every few years across a vehicle fleet that keeps growing, and that steady replacement cycle gives lead demand a baseline that doesn't depend heavily on new car sales alone. Layered on top of that is stationary battery demand — backup power for telecom towers, data centers, and grid-support installations — which has kept lead-acid relevant even as lithium-ion has taken over other battery categories.
Why recycled supply is lead's real distinguishing feature
Most metals rely primarily on freshly mined ore. Lead doesn't — a very large share of the metal in circulation comes from recycling used batteries, collected and reprocessed through secondary smelters rather than dug out of the ground each time. That structure means the health of the scrap-collection network — how efficiently used batteries get gathered and returned to processors — matters just as much to the price as mining output does, sometimes more.
Primary mining still plays its part. China, Australia, Peru, the United States and Mexico are among the leading producing countries, and lead ore is frequently extracted alongside zinc since the two metals commonly occur together in the same deposits. But the recycling stream is what keeps the overall lead market from swinging as sharply as a metal with no comparable secondary-supply cushion.
Lead Price — Last 10 Days
The most recent Lead price on record (2026-09-17) is Less than One Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹0.17 | +0.00 |
| 2026-09-16 | ₹0.17 | +0.00 |
| 2026-09-15 | ₹0.16 | +0.00 |
| 2026-09-14 | ₹0.16 | 0.00 |
| 2026-09-13 | ₹0.16 | +0.00 |
| 2026-09-12 | ₹0.16 | 0.00 |
| 2026-09-11 | ₹0.17 | 0.00 |
| 2026-09-10 | ₹0.17 | +0.00 |
| 2026-09-09 | ₹0.17 | +0.00 |
| 2026-09-08 | ₹0.17 | — |
Industrial Activity and the Currency Layer
Beyond the battery-specific drivers, general industrial production activity feeds into the price too. Vehicle manufacturing schedules, construction activity that requires backup power installations, and broader manufacturing output all touch lead demand in smaller but real ways. A slowdown across manufacturing tends to soften lead alongside other base metals, since it's traded and watched as part of that broader industrial-metals basket on the London Metal Exchange.
Currency plays a role too, for anyone tracking this market from India. Lead trades internationally in US dollars, so a weaker rupee raises the effective landed cost here even when the underlying dollar price of lead hasn't moved — the same currency-translation effect that touches every imported industrial commodity.
Put these forces together — concentrated battery demand, a recycling-heavy supply base, and normal industrial and currency cycles — and it becomes clearer why lead behaves like a steadier, more mature base metal than a newer, narrower commodity would. Anyone trying to make sense of a move in the chart above is really asking which of these forces shifted most recently.
What Affects Lead Price — FAQs
Demand from lead-acid batteries — both automotive starter batteries and larger stationary batteries used for backup and telecom power. This one application accounts for the large majority of global lead demand, so shifts in vehicle production and backup-power installation activity move the lead price more directly than they would move a more diversified commodity.
Because an unusually large share of global lead supply comes from recycling used batteries rather than fresh mining. When scrap collection runs smoothly, secondary supply keeps pace with demand fairly well. Anything that disrupts collection volumes — from weaker vehicle scrappage rates to logistics issues at recycling plants — can tighten supply even if mined output hasn't changed at all.
It still matters, but proportionally less than for a metal with little secondary supply. Primary lead is mined in countries including China, Australia, Peru, the United States and Mexico, often as a co-product alongside zinc since the two are commonly found in the same ore deposits. Mining supply sets a floor and adds incremental volume, but the recycling stream is what keeps the overall market unusually well supplied.
Automotive manufacturing is the clearest link — more vehicles built means more starter batteries needed. Beyond cars, demand for backup power in telecom towers, data centers and grid-support installations adds a second, steadier layer of industrial demand that also leans on lead-acid battery technology.
Yes, indirectly. Lead is priced internationally in US dollars through the London Metal Exchange, so a weaker rupee raises the effective landed cost for Indian buyers even if the underlying dollar price hasn't moved. This is the same currency-translation effect that touches every internationally traded commodity, not something unique to lead.
