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: 2025-12-23 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 | |||||||||
| DEC25 | 3036.50 | -739.5 | 2297.0 | +324.4 | 3360.9 | +306.5 | 3343.0 | -2.90 | 3033.6 | - | 14903 | +96.00 | 14999 | -802.7 | 14100 | -731.9 | 14171 |
| JAN26 | 3004.60 | -707.6 | 2297.0 | +344.5 | 3349.1 | +248.6 | 3253.2 | +100.8 | 3105.4 | - | 16195 | -1737.0 | 14458 | +390.7 | 16586 | -1851.6 | 14343 |
| FEB26 | 3008.90 | -711.9 | 2297.0 | +357.6 | 3366.5 | +257.5 | 3266.4 | +114.3 | 3123.2 | - | 16190 | -1645.8 | 14544 | +162.9 | 16353 | -1662.7 | 14528 |
| MAR26 | 2960.60 | -663.6 | 2297.0 | +405.9 | 3366.5 | +323.3 | 3283.9 | +162.8 | 3123.4 | - | 16907 | -2362.4 | 14544 | -451.6 | 16455 | -2378.6 | 14528 |
| APR26 | 2958.90 | -661.9 | 2297.0 | +405.5 | 3364.4 | +323.4 | 3282.3 | +164.6 | 3123.5 | - | 16953 | -2408.1 | 14544 | -466.9 | 16486 | -2423.7 | 14529 |
| MAY26 | 3027.70 | -730.7 | 2297.0 | +338.9 | 3366.6 | +260.1 | 3287.8 | +95.90 | 3123.6 | - | 16170 | -1625.6 | 14545 | +340.0 | 16510 | -1641.0 | 14529 |
| JUN26 | 3035.50 | -738.5 | 2297.0 | +333.4 | 3368.9 | +261.6 | 3297.1 | +88.30 | 3123.8 | - | 16162 | -1607.6 | 14555 | +434.2 | 16596 | -1632.4 | 14530 |
| 1Q26 | 2991.40 | -694.4 | 2297.0 | +369.3 | 3360.7 | +276.4 | 3267.8 | +125.9 | 3117.3 | - | 16431 | -1915.0 | 14516 | +34.00 | 16465 | -1964.3 | 14466 |
| 2Q26 | 3007.40 | -710.4 | 2297.0 | +359.2 | 3366.6 | +281.7 | 3289.1 | +116.2 | 3123.6 | - | 16428 | -1880.4 | 14548 | +102.4 | 16531 | -1899.1 | 14529 |
| 3Q26 | 3054.70 | -757.7 | 2297.0 | +318.6 | 3373.3 | +238.7 | 3293.4 | +69.20 | 3123.9 | - | 16142 | -1568.0 | 14574 | +537.1 | 16679 | -1611.4 | 14530 |
| 4Q26 | 3090.90 | -793.9 | 2297.0 | +286.9 | 3377.8 | +221.7 | 3312.6 | +33.20 | 3124.1 | - | 16103 | -1510.4 | 14593 | +783.0 | 16886 | -1572.7 | 14531 |
| 1Q27 | 3137.20 | -840.2 | 2297.0 | - | - | +237.6 | 3374.8 | -9.00 | 3128.2 | - | 16054 | - | - | +1081.5 | 17136 | -1496.3 | 14558 |
| 2025 | 3036.50 | -739.5 | 2297.0 | +324.4 | 3360.9 | +306.5 | 3343.0 | -2.90 | 3033.6 | - | 14903 | +96.00 | 14999 | -802.7 | 14100 | -731.9 | 14171 |
| 2026 | 3036.10 | -739.1 | 2297.0 | +331.9 | 3368.0 | +254.6 | 3290.7 | +86.10 | 3122.2 | - | 16276 | -1725.5 | 14551 | +364.1 | 16640 | -1761.9 | 14514 |
| 2027 | 3239.30 | -942.3 | 2297.0 | - | - | +135.5 | 3374.8 | -107.0 | 3132.3 | - | 15946 | - | - | +1189.6 | 17136 | -1369.3 | 14577 |
| 2028 | 3062.10 | - | - | - | - | - | - | - | - | - | 17541 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| DEC25 |
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| JAN26 |
| FEB26 |
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| APR26 |
| MAY26 |
| JUN26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
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| 1Q27 |
| 2025 |
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| 2028 |
| 2026 |