World ZINC & NICKEL in US$/mT
Worldwide Zinc & Nickel Base metals, LME 1000kg, Shanghaï 1000kg, based on LME differentials.
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last update: 2025-09-11 23:00:04 GMT
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| LME | US | IN | CN | HK | GB | IN | CN | HK | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MZN | 25mT ZINC CME | 25mT ZINC MCX | 5mT ZINC SHF | 5mT LME ZINC Mini Futures | MNI | 250KGS Nickel MCX | 1mT Nickel SHF | 1mT LME Nickel Mini Futures | |||||||||
| Swap | Ddp U.S.A | Ddp India | Ddp China | EXW London | Cif N.W.Europe | Ddp India | Ddp China | EXW London | |||||||||
| ZNC | $/mT | ZINC-MCX | $/mT | ZN-SHF | $/mT | LRZ-HKF | $/mT | LME | $/mT | NICKEL-MC | $/mT | NI-SHF | $/mT | LRN-HKF | $/mT | ||
| Outright | Basis | Outright | Basis | Outright | Basis | Outright | Basis | Outright | Swap | Outright | Basis | Outright | Basis | Outright | Basis | Outright | |
| MZN | ZNC | ZMCX | ZNSHF | ZHKF | MNI | NMCX | NISHF | NHKF | |||||||||
| SEP25 | 2886.80 | -589.8 | 2297.0 | +356.6 | 3243.4 | +453.0 | 3339.8 | -0.50 | 2886.3 | - | 14968 | +17.50 | 14986 | -637.4 | 14331 | -39.60 | 14929 |
| OCT25 | 2794.70 | -497.7 | 2297.0 | +213.5 | 3008.2 | +310.0 | 3104.7 | +158.2 | 2952.9 | - | 16435 | -1076.9 | 15358 | +849.0 | 17284 | -1340.4 | 15095 |
| NOV25 | 2797.10 | -500.1 | 2297.0 | +441.8 | 3238.9 | +335.5 | 3132.6 | +166.7 | 2963.8 | - | 16437 | -1281.0 | 15156 | +558.6 | 16996 | -1175.0 | 15262 |
| DEC25 | 2787.50 | -490.5 | 2297.0 | +451.5 | 3239.0 | +360.5 | 3148.0 | +176.4 | 2963.9 | - | 17115 | -1959.0 | 15156 | -21.40 | 17094 | -1852.5 | 15263 |
| JAN26 | 2787.50 | -490.5 | 2297.0 | +449.5 | 3237.0 | +363.2 | 3150.7 | +176.5 | 2964.0 | - | 17173 | -2017.2 | 15156 | -69.70 | 17104 | -1910.3 | 15263 |
| FEB26 | 2807.00 | -510.0 | 2297.0 | +432.1 | 3239.1 | +350.7 | 3157.7 | +157.1 | 2964.1 | - | 16444 | -1288.1 | 15156 | +730.4 | 17175 | -1181.1 | 15263 |
| MAR26 | 2811.60 | -514.6 | 2297.0 | +429.5 | 3241.1 | +352.5 | 3164.1 | +152.5 | 2964.1 | - | 16448 | -1282.3 | 15166 | +789.9 | 17238 | -1184.1 | 15264 |
| 4Q25 | 2793.10 | -496.1 | 2297.0 | +369.0 | 3162.1 | +335.3 | 3128.4 | +167.1 | 2960.2 | - | 16662 | -1438.9 | 15224 | +462.1 | 17125 | -1455.9 | 15207 |
| 1Q26 | 2802.00 | -505.0 | 2297.0 | +437.1 | 3239.1 | +355.5 | 3157.5 | +162.1 | 2964.1 | - | 16689 | -1529.2 | 15159 | +483.5 | 17172 | -1425.2 | 15263 |
| 2Q26 | 2822.90 | -525.9 | 2297.0 | +422.5 | 3245.4 | +343.0 | 3165.9 | +141.4 | 2964.3 | - | 16456 | -1270.4 | 15186 | +856.0 | 17312 | -1192.0 | 15264 |
| 3Q26 | 2845.30 | -548.3 | 2297.0 | +404.4 | 3249.7 | +339.7 | 3185.0 | +119.1 | 2964.4 | - | 16473 | -1266.9 | 15206 | +1010.0 | 17483 | -1208.2 | 15264 |
| 4Q26 | 2875.40 | -578.4 | 2297.0 | - | - | +340.3 | 3215.7 | +92.90 | 2968.3 | - | 16495 | - | - | +1371.1 | 17866 | -1201.7 | 15293 |
| 2025 | 2816.50 | -519.5 | 2297.0 | +365.9 | 3182.4 | +364.8 | 3181.3 | +125.2 | 2941.7 | - | 16239 | -1074.8 | 15164 | +187.2 | 16426 | -1101.9 | 15137 |
| 2026 | 2836.40 | -539.4 | 2297.0 | +406.9 | 3243.3 | +341.5 | 3177.9 | +128.9 | 2965.3 | - | 16528 | -1350.8 | 15177 | +893.1 | 17421 | -1256.8 | 15271 |
| 2027 | 2999.20 | -702.2 | 2297.0 | - | - | +570.4 | 3419.8 | -24.10 | 2975.1 | - | 16586 | - | - | +1000.5 | 17942 | -1257.9 | 15328 |
| 2028 | 2787.50 | - | - | - | - | - | - | - | - | - | 18742 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SEP25 |
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| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |