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: 2025-10-15 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 | |||||||||
| OCT25 | 3028.40 | -731.4 | 2297.0 | +194.6 | 3223.0 | +599.4 | 3627.8 | +31.80 | 3060.2 | - | 14936 | -914.6 | 14022 | -604.0 | 14332 | +379.0 | 15315 |
| NOV25 | 2771.60 | -474.6 | 2297.0 | +639.2 | 3410.8 | +300.2 | 3071.8 | +324.7 | 3096.3 | - | 16374 | +107.4 | 16482 | +972.8 | 17347 | -959.9 | 15414 |
| DEC25 | 2777.40 | -480.4 | 2297.0 | +535.2 | 3312.6 | +354.0 | 3131.4 | +348.9 | 3126.3 | - | 16375 | -911.7 | 15464 | +679.6 | 17055 | -764.3 | 15611 |
| JAN26 | 2730.80 | -433.8 | 2297.0 | +581.8 | 3312.6 | +416.6 | 3147.4 | +395.6 | 3126.4 | - | 17075 | -1611.5 | 15464 | +51.40 | 17127 | -1463.6 | 15612 |
| FEB26 | 2729.30 | -432.3 | 2297.0 | +581.4 | 3310.7 | +422.2 | 3151.5 | +397.2 | 3126.5 | - | 17125 | -1661.5 | 15464 | +38.20 | 17163 | -1513.0 | 15612 |
| MAR26 | 2800.70 | -503.7 | 2297.0 | +512.0 | 3312.7 | +353.5 | 3154.2 | +325.9 | 3126.6 | - | 16381 | -916.5 | 15464 | +807.2 | 17188 | -768.0 | 15613 |
| APR26 | 2810.90 | -513.9 | 2297.0 | +504.0 | 3314.9 | +351.3 | 3162.2 | +315.8 | 3126.7 | - | 16383 | -908.3 | 15474 | +877.0 | 17260 | -769.9 | 15613 |
| 1Q26 | 2753.60 | -456.6 | 2297.0 | +558.4 | 3312.0 | +397.4 | 3151.0 | +372.9 | 3126.5 | - | 16860 | -1396.5 | 15464 | +298.9 | 17159 | -1248.2 | 15612 |
| 2Q26 | 2823.20 | -526.2 | 2297.0 | +493.9 | 3317.1 | +346.5 | 3169.7 | +303.5 | 3126.7 | - | 16385 | -900.8 | 15485 | +923.8 | 17309 | -772.3 | 15613 |
| 3Q26 | 2867.90 | -570.9 | 2297.0 | +454.6 | 3322.5 | +316.3 | 3184.2 | +258.9 | 3126.8 | - | 16395 | -885.1 | 15510 | +1065.3 | 17461 | -781.6 | 15614 |
| 4Q26 | 2928.20 | -631.2 | 2297.0 | +393.4 | 3269.7 | +304.9 | 3233.1 | +200.8 | 3129.0 | - | 16408 | -1179.7 | 15360 | +1380.2 | 17789 | -778.5 | 15630 |
| 1Q27 | 3005.50 | -708.5 | 2297.0 | - | - | +236.8 | 3155.2 | +129.7 | 3135.2 | - | 16425 | - | - | +1162.8 | 17712 | -761.5 | 15664 |
| 2025 | 2859.10 | -562.1 | 2297.0 | +456.3 | 3315.4 | +417.9 | 3277.0 | +235.2 | 3094.3 | - | 15895 | -572.9 | 15322 | +349.5 | 16245 | -448.4 | 15447 |
| 2026 | 2843.20 | -546.2 | 2297.0 | +473.3 | 3316.5 | +341.3 | 3184.5 | +284.1 | 3127.3 | - | 16512 | -1029.2 | 15483 | +917.1 | 17429 | -895.2 | 15617 |
| 2027 | 3175.70 | -878.7 | 2297.0 | - | - | +570.4 | 3419.8 | -38.50 | 3137.2 | - | 16462 | - | - | +1000.5 | 17942 | -788.5 | 15674 |
| 2028 | 2772.20 | - | - | - | - | - | - | - | - | - | 18386 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| OCT25 |
|---|
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |