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: 2025-12-08 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 | |||||||||
| DEC25 | 3188.40 | -891.4 | 2297.0 | +304.0 | 3492.4 | +520.3 | 3708.7 | +12.20 | 3200.6 | - | 14769 | +1163.4 | 15932 | -308.7 | 14460 | -52.90 | 14716 |
| JAN26 | 2973.40 | -676.4 | 2297.0 | +594.8 | 3568.2 | +250.5 | 3223.9 | +277.0 | 3250.4 | - | 16004 | -1757.1 | 14247 | +886.8 | 16891 | -1175.5 | 14829 |
| FEB26 | 2978.60 | -681.6 | 2297.0 | +270.6 | 3249.2 | +297.7 | 3276.3 | +297.9 | 3276.5 | - | 16002 | -1170.8 | 14831 | +655.1 | 16657 | -976.7 | 15025 |
| MAR26 | 2925.60 | -628.6 | 2297.0 | +323.4 | 3249.0 | +362.0 | 3287.6 | +351.0 | 3276.6 | - | 16707 | -1875.7 | 14831 | +19.90 | 16727 | -1681.0 | 15026 |
| APR26 | 2923.90 | -626.9 | 2297.0 | +323.0 | 3246.9 | +364.9 | 3288.8 | +352.9 | 3276.8 | - | 16753 | -1921.4 | 14831 | +2.10 | 16755 | -1726.2 | 15026 |
| MAY26 | 3001.10 | -704.1 | 2297.0 | +247.9 | 3249.0 | +296.6 | 3297.7 | +275.8 | 3276.9 | - | 15991 | -1160.0 | 14831 | +823.7 | 16815 | -964.6 | 15027 |
| JUN26 | 3010.50 | -713.5 | 2297.0 | +240.7 | 3251.2 | +290.3 | 3300.8 | +266.5 | 3277.0 | - | 15987 | -1145.7 | 14841 | +892.7 | 16880 | -959.8 | 15027 |
| 1Q26 | 2959.20 | -662.2 | 2297.0 | +396.3 | 3355.5 | +303.4 | 3262.6 | +308.6 | 3267.8 | - | 16238 | -1601.2 | 14637 | +520.5 | 16758 | -1277.8 | 14960 |
| 2Q26 | 2978.50 | -681.5 | 2297.0 | +270.5 | 3249.0 | +317.3 | 3295.8 | +298.4 | 3276.9 | - | 16244 | -1409.1 | 14835 | +572.8 | 16817 | -1216.9 | 15027 |
| 3Q26 | 3033.60 | -736.6 | 2297.0 | +221.9 | 3255.5 | +277.6 | 3311.2 | +243.5 | 3277.1 | - | 15976 | -1115.4 | 14861 | +999.4 | 16976 | -948.5 | 15028 |
| 4Q26 | 3077.00 | -780.0 | 2297.0 | +182.8 | 3259.8 | +254.3 | 3331.3 | +200.3 | 3277.3 | - | 15956 | -1075.6 | 14881 | +1217.5 | 17174 | -928.0 | 15028 |
| 1Q27 | 3132.60 | -835.6 | 2297.0 | - | - | +249.4 | 3382.0 | +149.1 | 3281.7 | - | 15930 | - | - | +1482.3 | 17413 | -873.8 | 15057 |
| 2025 | 3188.40 | -891.4 | 2297.0 | +304.0 | 3492.4 | +520.3 | 3708.7 | +12.20 | 3200.6 | - | 14769 | +1163.4 | 15932 | -308.7 | 14460 | -52.90 | 14716 |
| 2026 | 3012.10 | -715.1 | 2297.0 | +271.9 | 3284.0 | +288.1 | 3300.2 | +262.7 | 3274.8 | - | 16104 | -1315.8 | 14788 | +827.5 | 16931 | -1092.8 | 15011 |
| 2027 | 3255.10 | -958.1 | 2297.0 | - | - | +126.9 | 3382.0 | +30.80 | 3285.9 | - | 15873 | - | - | +1539.4 | 17413 | -797.2 | 15076 |
| 2028 | 3053.00 | - | - | - | - | - | - | - | - | - | 17406 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| DEC25 |
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| JAN26 |
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| 1Q26 |
| 2Q26 |
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| 2025 |
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