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: 2026-02-05 23:00:06 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 | |||||||||
| FEB26 | 2970.50 | -673.5 | 2297.0 | +588.7 | 3559.2 | +126.4 | 3096.9 | +298.4 | 3268.9 | - | 19530 | -2942.0 | 16588 | +959.0 | 20489 | -2421.5 | 17108 |
| MAR26 | 3085.90 | -788.9 | 2297.0 | +374.1 | 3460.0 | +492.4 | 3578.3 | +232.4 | 3318.3 | - | 18921 | -349.9 | 18571 | +122.9 | 19044 | -1688.5 | 17232 |
| APR26 | 3110.20 | -813.2 | 2297.0 | +592.4 | 3702.6 | +419.4 | 3529.6 | +243.9 | 3354.1 | - | 18921 | -1291.4 | 17629 | +299.5 | 19220 | -1417.0 | 17504 |
| MAY26 | 2970.50 | -673.5 | 2297.0 | +732.2 | 3702.7 | +574.7 | 3545.2 | +383.8 | 3354.3 | - | 19662 | -2032.8 | 17629 | -342.2 | 19320 | -2157.6 | 17505 |
| JUN26 | 2970.50 | -673.5 | 2297.0 | +730.0 | 3700.5 | +579.9 | 3550.4 | +383.9 | 3354.4 | - | 19705 | -2075.9 | 17629 | -338.0 | 19367 | -2200.0 | 17505 |
| JUL26 | 3205.70 | -908.7 | 2297.0 | +497.2 | 3702.9 | +354.0 | 3559.7 | +148.9 | 3354.6 | - | 18921 | -1291.6 | 17630 | +483.0 | 19404 | -1415.6 | 17506 |
| AUG26 | 3245.60 | -948.6 | 2297.0 | +459.8 | 3705.4 | +318.8 | 3564.4 | +109.1 | 3354.7 | - | 18922 | -1280.1 | 17642 | +508.7 | 19430 | -1415.3 | 17506 |
| 2Q26 | 3017.10 | -720.1 | 2297.0 | +684.8 | 3701.9 | +524.6 | 3541.7 | +337.2 | 3354.3 | - | 19429 | -1800.0 | 17629 | -126.9 | 19303 | -1924.9 | 17505 |
| 3Q26 | 3246.60 | -949.6 | 2297.0 | +458.8 | 3705.4 | +319.5 | 3566.1 | +108.1 | 3354.7 | - | 18922 | -1280.1 | 17642 | +510.0 | 19432 | -1415.4 | 17506 |
| 4Q26 | 3390.60 | -1093.6 | 2297.0 | +322.1 | 3712.7 | +176.0 | 3566.6 | -35.70 | 3354.9 | - | 18923 | -1245.9 | 17677 | +573.9 | 19496 | -1415.2 | 17507 |
| 1Q27 | 3575.50 | -1278.5 | 2297.0 | +361.0 | 3519.0 | +34.60 | 3610.1 | -219.8 | 3355.7 | - | 18924 | -1905.8 | 15719 | +954.6 | 19878 | -1409.3 | 17514 |
| 2Q27 | 3808.10 | -1511.1 | 2297.0 | - | - | -175.6 | 3632.5 | -446.6 | 3361.5 | - | 18925 | - | - | +1393.1 | 20318 | -1373.9 | 17551 |
| 2026 | 3183.60 | -886.6 | 2297.0 | +487.2 | 3670.8 | +334.4 | 3518.0 | +159.9 | 3343.5 | - | 19116 | -1479.1 | 17637 | +359.4 | 19475 | -1670.6 | 17445 |
| 2027 | 3982.40 | -1685.4 | 2297.0 | +402.5 | 3492.2 | -366.7 | 3615.7 | -620.6 | 3361.8 | - | 18926 | -1718.0 | 16066 | +1062.1 | 19988 | -1375.7 | 17550 |
| 2028 | 3824.00 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 20074 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2029 | 2970.50 | - | - | - | - | - | - | - | - | - | 21066 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FEB26 |
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| MAR26 |
| APR26 |
| MAY26 |
| JUN26 |
| JUL26 |
| AUG26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2Q27 |
| 2026 |
| 2027 |
| 2028 |
| 2029 |
| 2026 |