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: 2025-11-23 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 | |||||||||
| NOV25 | 3129.70 | -832.7 | 2297.0 | +213.1 | 3342.8 | +429.0 | 3558.7 | -68.10 | 3061.6 | - | 14381 | -290.2 | 14090 | -476.5 | 13904 | -6.70 | 14374 |
| DEC25 | 2920.90 | -623.9 | 2297.0 | +724.7 | 3645.6 | +184.8 | 3105.7 | +186.3 | 3107.2 | - | 15663 | -682.7 | 14980 | +809.1 | 16472 | -1184.2 | 14479 |
| JAN26 | 2925.20 | -628.2 | 2297.0 | +161.8 | 3087.0 | +229.9 | 3155.1 | +204.6 | 3129.8 | - | 15662 | -1120.7 | 14542 | +554.6 | 16217 | -1009.8 | 14653 |
| FEB26 | 2882.30 | -585.3 | 2297.0 | +204.5 | 3086.8 | +282.3 | 3164.6 | +247.6 | 3129.9 | - | 16333 | -1791.4 | 14542 | -46.70 | 16286 | -1679.9 | 14653 |
| MAR26 | 2880.60 | -583.6 | 2297.0 | +204.0 | 3084.6 | +286.3 | 3166.9 | +249.4 | 3130.0 | - | 16382 | -1840.3 | 14542 | -66.50 | 16315 | -1728.4 | 14653 |
| APR26 | 2941.70 | -644.7 | 2297.0 | +144.9 | 3086.6 | +223.2 | 3164.9 | +188.4 | 3130.1 | - | 15660 | -1118.3 | 14542 | +698.1 | 16358 | -1006.2 | 14654 |
| MAY26 | 2949.10 | -652.1 | 2297.0 | +139.5 | 3088.6 | +223.4 | 3172.5 | +181.1 | 3130.2 | - | 15659 | -1107.8 | 14551 | +759.4 | 16419 | -1004.9 | 14654 |
| 1Q26 | 2896.00 | -599.0 | 2297.0 | +190.1 | 3086.1 | +266.2 | 3162.2 | +233.9 | 3129.9 | - | 16126 | -1584.2 | 14542 | +147.1 | 16273 | -1472.7 | 14653 |
| 2Q26 | 2949.30 | -652.3 | 2297.0 | +139.4 | 3088.7 | +223.1 | 3172.4 | +180.9 | 3130.2 | - | 15659 | -1107.7 | 14551 | +759.2 | 16418 | -1004.9 | 14654 |
| 3Q26 | 2977.00 | -680.0 | 2297.0 | +117.8 | 3094.8 | +206.7 | 3183.7 | +153.4 | 3130.4 | - | 15655 | -1075.0 | 14580 | +873.4 | 16529 | -1000.4 | 14655 |
| 4Q26 | 3014.40 | -717.4 | 2297.0 | +393.4 | 3269.7 | +202.3 | 3216.7 | +116.7 | 3131.1 | - | 15650 | -1179.7 | 15360 | +1147.9 | 16798 | -989.3 | 14661 |
| 1Q27 | 3062.30 | -765.3 | 2297.0 | - | - | +185.3 | 3247.6 | +74.30 | 3136.6 | - | 15644 | - | - | +1362.9 | 17007 | -951.6 | 14692 |
| 2025 | 3025.30 | -728.3 | 2297.0 | +468.9 | 3494.2 | +306.9 | 3332.2 | +59.10 | 3084.4 | - | 15022 | -486.5 | 14535 | +166.3 | 15188 | -595.4 | 14426 |
| 2026 | 2959.20 | -662.2 | 2297.0 | +130.7 | 3089.9 | +224.5 | 3183.7 | +171.2 | 3130.4 | - | 15773 | -1214.9 | 14558 | +731.9 | 16505 | -1116.9 | 14656 |
| 2027 | 3167.80 | -870.8 | 2297.0 | - | - | +79.80 | 3247.6 | -28.10 | 3139.7 | - | 15629 | - | - | +1377.3 | 17007 | -922.9 | 14706 |
| 2028 | 2942.90 | - | - | - | - | - | - | - | - | - | 17281 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NOV25 |
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| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |