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: 2025-09-17 23:00:05 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 | 3013.50 | -716.5 | 2297.0 | +268.4 | 3281.9 | +452.9 | 3466.4 | -39.50 | 2974.0 | - | 15259 | -125.4 | 15134 | -699.3 | 14560 | +34.90 | 15294 |
| OCT25 | 2872.00 | -575.0 | 2297.0 | +225.3 | 3097.3 | +229.2 | 3101.2 | +173.7 | 3045.7 | - | 16726 | -533.2 | 16193 | +827.4 | 17553 | -1249.7 | 15476 |
| NOV25 | 2874.10 | -577.1 | 2297.0 | +466.4 | 3340.5 | +268.6 | 3142.7 | +176.9 | 3051.0 | - | 16728 | -1347.5 | 15381 | +533.6 | 17262 | -1106.7 | 15621 |
| DEC25 | 2845.50 | -548.5 | 2297.0 | +495.1 | 3340.6 | +312.8 | 3158.3 | +205.6 | 3051.1 | - | 17405 | -2024.5 | 15381 | -40.10 | 17365 | -1783.2 | 15622 |
| JAN26 | 2843.80 | -546.8 | 2297.0 | +494.7 | 3338.5 | +317.4 | 3161.2 | +207.4 | 3051.2 | - | 17463 | -2082.8 | 15380 | -81.70 | 17382 | -1840.9 | 15622 |
| FEB26 | 2883.10 | -586.1 | 2297.0 | +457.7 | 3340.8 | +279.6 | 3162.7 | +168.2 | 3051.3 | - | 16736 | -1355.6 | 15381 | +672.8 | 17409 | -1113.6 | 15623 |
| MAR26 | 2887.20 | -590.2 | 2297.0 | +455.6 | 3342.8 | +285.4 | 3172.6 | +164.2 | 3051.4 | - | 16740 | -1350.1 | 15390 | +719.7 | 17460 | -1117.1 | 15623 |
| 4Q25 | 2863.90 | -566.9 | 2297.0 | +395.6 | 3259.5 | +270.2 | 3134.1 | +185.4 | 3049.3 | - | 16953 | -1301.8 | 15651 | +440.3 | 17393 | -1379.9 | 15573 |
| 1Q26 | 2871.40 | -574.4 | 2297.0 | +469.3 | 3340.7 | +294.1 | 3165.5 | +179.9 | 3051.3 | - | 16980 | -1596.1 | 15384 | +437.0 | 17417 | -1357.2 | 15623 |
| 2Q26 | 2897.30 | -600.3 | 2297.0 | +450.0 | 3347.3 | +286.1 | 3183.4 | +154.2 | 3051.5 | - | 16750 | -1339.0 | 15411 | +807.5 | 17557 | -1126.0 | 15624 |
| 3Q26 | 2917.40 | -620.4 | 2297.0 | +434.3 | 3351.7 | +287.3 | 3204.7 | +134.2 | 3051.6 | - | 16768 | -1337.5 | 15431 | +955.1 | 17724 | -1144.5 | 15624 |
| 4Q26 | 2944.50 | -647.5 | 2297.0 | - | - | +289.4 | 3233.9 | +111.2 | 3055.7 | - | 16794 | - | - | +1204.4 | 17998 | -1140.4 | 15653 |
| 2025 | 2901.30 | -604.3 | 2297.0 | +363.8 | 3265.1 | +315.9 | 3217.2 | +129.1 | 3030.4 | - | 16530 | -1007.7 | 15522 | +155.4 | 16685 | -1026.2 | 15503 |
| 2026 | 2907.60 | -610.6 | 2297.0 | +437.5 | 3345.1 | +285.9 | 3193.5 | +144.9 | 3052.5 | - | 16823 | -1420.9 | 15402 | +821.5 | 17644 | -1192.0 | 15631 |
| 2027 | 3055.80 | -758.8 | 2297.0 | - | - | +570.4 | 3419.8 | +6.90 | 3062.7 | - | 16897 | - | - | +1000.5 | 17942 | -1208.2 | 15689 |
| 2028 | 2798.00 | - | - | - | - | - | - | - | - | - | 19032 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SEP25 |
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| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |