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: 2026-02-06 23:00:07 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 | |||||||||
| FEB26 | 2987.50 | -690.5 | 2297.0 | +532.0 | 3519.5 | +279.2 | 3266.7 | +294.9 | 3282.4 | - | 19065 | -3153.0 | 15912 | +1151.7 | 20217 | -1906.1 | 17159 |
| MAR26 | 3062.30 | -765.3 | 2297.0 | +411.1 | 3473.4 | +493.4 | 3555.7 | +244.8 | 3307.1 | - | 18456 | +519.5 | 18975 | +495.6 | 18951 | -1235.2 | 17221 |
| APR26 | 3078.10 | -781.1 | 2297.0 | +623.4 | 3701.5 | +448.5 | 3526.6 | +278.3 | 3356.4 | - | 18456 | -645.5 | 17810 | +638.7 | 19095 | -940.1 | 17516 |
| MAY26 | 2987.50 | -690.5 | 2297.0 | +714.1 | 3701.6 | +549.0 | 3536.5 | +369.1 | 3356.6 | - | 19197 | -1387.0 | 17810 | -70.50 | 19127 | -1680.7 | 17517 |
| JUN26 | 2987.50 | -690.5 | 2297.0 | +711.9 | 3699.4 | +556.2 | 3543.7 | +369.2 | 3356.7 | - | 19240 | -1430.2 | 17810 | -49.40 | 19191 | -1723.1 | 17517 |
| JUL26 | 3140.00 | -843.0 | 2297.0 | +561.8 | 3701.8 | +408.8 | 3548.8 | +216.9 | 3356.9 | - | 18456 | -645.9 | 17811 | +745.7 | 19202 | -938.6 | 17518 |
| AUG26 | 3165.90 | -868.9 | 2297.0 | +538.4 | 3704.3 | +391.2 | 3557.1 | +191.1 | 3357.0 | - | 18457 | -634.3 | 17822 | +787.4 | 19244 | -938.3 | 17518 |
| 2Q26 | 3017.70 | -720.7 | 2297.0 | +683.1 | 3700.8 | +517.9 | 3535.6 | +338.9 | 3356.6 | - | 18964 | -1154.2 | 17810 | +173.0 | 19137 | -1447.9 | 17517 |
| 3Q26 | 3166.50 | -869.5 | 2297.0 | +537.8 | 3704.3 | +390.5 | 3557.0 | +190.5 | 3357.0 | - | 18457 | -634.3 | 17822 | +781.1 | 19238 | -938.3 | 17518 |
| 4Q26 | 3260.00 | -963.0 | 2297.0 | +451.6 | 3711.6 | +302.7 | 3562.7 | +97.20 | 3357.2 | - | 18458 | -599.7 | 17858 | +822.0 | 19280 | -938.1 | 17519 |
| 1Q27 | 3379.80 | -1082.8 | 2297.0 | +361.0 | 3519.0 | +231.3 | 3611.1 | -21.80 | 3358.0 | - | 18459 | -1905.8 | 15719 | +1088.5 | 19547 | -932.2 | 17526 |
| 2Q27 | 3530.70 | -1233.7 | 2297.0 | - | - | +101.2 | 3631.9 | -166.9 | 3363.8 | - | 18460 | - | - | +1237.6 | 19698 | -896.8 | 17563 |
| 2026 | 3125.70 | -828.7 | 2297.0 | +541.8 | 3667.5 | +400.5 | 3526.2 | +219.9 | 3345.6 | - | 18651 | -890.8 | 17760 | +634.1 | 19285 | -1192.2 | 17458 |
| 2027 | 3643.80 | -1346.8 | 2297.0 | +402.5 | 3492.2 | -27.50 | 3616.3 | -279.7 | 3364.1 | - | 18461 | -1718.0 | 16066 | +1123.6 | 19585 | -898.6 | 17563 |
| 2028 | 3541.00 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 19609 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2029 | 2987.50 | - | - | - | - | - | - | - | - | - | 20601 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FEB26 |
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| MAR26 |
| APR26 |
| MAY26 |
| JUN26 |
| JUL26 |
| AUG26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2026 |