Lead: monthly price
Monthly average reference price according to the World Bank, in USD per metric tonne.
- Source
- World Bank (Pink Sheet) · CC BY 4.0
- Latest month published
- September 2026
- Frequency
- Monthly (monthly averages); not real time
- Next scheduled release
- 3 November 2026 (second working day of the month)
Initial snapshot data
World Bank edition of 2 October 2026. Monthly averages transcribed from the Pink Sheet PDF editions (Oct. 2025 to Oct. 2026) by the Commodity Pulse project (MIT code). Spot-checked against the official June 2026 edition (Brent, copper, gold and wheat for May 2026: they match). The connector replaces them with the full official workbook (from 1960). As soon as the connector downloads the official workbook you'll see the full published history.
- Latest month
- 1,873
- USD per metric tonne, September 2026
- Monthly change
- +1.0%
- Year-on-year change
- -4.2%
- 12-month range
- 1,842 – 1,998
- Volatility (36 months)
- 9.4%
- Annualised, historical; with 14 months of data
- Maximum drawdown (5 years)
- -7.8%
- From November 2025 to July 2026; with 15 months of data
Price chart
Lead
World Bank · Pink Sheet · USD per metric tonne · monthly average
1,873USD per metric tonne+18.00 (+0.97%)
September 2026 · vs August 2026 · 12 months: −4.19%
- Period high
- 1,998
- Period low
- 1,842
- 12-month high
- 1,998
- 12-month low
- 1,842
LeadAverage 31,857Average 121,928
SignalsDownward trend over the last 6 periodsThe short average has just crossed below the long oneDrag or use the wheel to zoom. Descriptive signals: they are not a forecast.
Source: World Bank, Commodity Price Data (The Pink Sheet). CC BY 4.0 licence. Derived calculations (changes, volatility, conversions) by Nemorgi; the World Bank doesn't endorse this service.
How to read this data
- Each point is the monthly average published by the World Bank, in nominal dollars (not adjusted for inflation).
- Volatility is the standard deviation of monthly returns over the last 36 months, annualised (× √12). It needs at least 12 consecutive months.
- Maximum drawdown measures the largest fall from a previous peak over the last 5 years.
- These are historical, descriptive metrics: they don't predict the future price. See the methodology.
Source: World Bank, Commodity Price Data (The Pink Sheet). CC BY 4.0 licence. Derived calculations (changes, volatility, conversions) by Nemorgi; the World Bank doesn't endorse this service.