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: 2026-01-26 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 | |||||||||
| JAN26 | 3067.50 | -770.5 | 2297.0 | +338.3 | 3405.8 | +286.1 | 3353.6 | +77.70 | 3145.2 | - | 20925 | -3370.7 | 17554 | +1828.7 | 22753 | -3245.2 | 17679 |
| FEB26 | 3119.50 | -822.5 | 2297.0 | +232.7 | 3352.2 | +426.5 | 3546.0 | +104.0 | 3223.5 | - | 20356 | -108.2 | 20247 | +750.9 | 21107 | -2445.8 | 17910 |
| MAR26 | 3131.70 | -834.7 | 2297.0 | +490.4 | 3622.1 | +400.7 | 3532.4 | +124.8 | 3256.5 | - | 20356 | -2447.6 | 17908 | +941.7 | 21297 | -2136.0 | 18220 |
| APR26 | 3067.50 | -770.5 | 2297.0 | +554.8 | 3622.3 | +493.6 | 3561.1 | +189.2 | 3256.7 | - | 21053 | -3144.5 | 17908 | +408.6 | 21461 | -2832.0 | 18221 |
| MAY26 | 3067.50 | -770.5 | 2297.0 | +552.6 | 3620.1 | +501.6 | 3569.1 | +189.3 | 3256.8 | - | 21097 | -3189.1 | 17908 | +403.8 | 21501 | -2875.8 | 18221 |
| JUN26 | 3178.40 | -881.4 | 2297.0 | +444.1 | 3622.5 | +394.5 | 3572.9 | +78.60 | 3257.0 | - | 20356 | -2447.7 | 17909 | +1163.0 | 21519 | -2134.1 | 18222 |
| JUL26 | 3198.40 | -901.4 | 2297.0 | +426.5 | 3624.9 | +383.0 | 3581.4 | +58.70 | 3257.1 | - | 20356 | -2436.3 | 17920 | +1214.2 | 21571 | -2133.7 | 18223 |
| 2Q26 | 3104.50 | -807.5 | 2297.0 | +517.1 | 3621.6 | +463.2 | 3567.7 | +152.3 | 3256.8 | - | 20835 | -2927.1 | 17908 | +658.5 | 21494 | -2613.9 | 18221 |
| 3Q26 | 3221.10 | -924.1 | 2297.0 | +406.2 | 3627.3 | +369.5 | 3590.6 | +36.10 | 3257.2 | - | 20357 | -2424.6 | 17932 | +1270.2 | 21627 | -2133.5 | 18223 |
| 4Q26 | 3301.30 | -1004.3 | 2297.0 | +332.0 | 3633.3 | +309.0 | 3610.3 | -43.90 | 3257.4 | - | 20358 | -2395.7 | 17962 | +1333.6 | 21691 | -2133.4 | 18224 |
| 1Q27 | 3404.10 | -1107.1 | 2297.0 | +361.0 | 3519.0 | +272.6 | 3676.7 | -144.5 | 3259.6 | - | 20359 | -1905.8 | 15719 | +1726.9 | 22086 | -2115.8 | 18243 |
| 2Q27 | 3533.60 | -1236.6 | 2297.0 | - | - | +235.0 | 3451.8 | -267.6 | 3266.0 | - | 20360 | - | - | +2067.2 | 19655 | -2078.3 | 18282 |
| 2026 | 3183.30 | -886.3 | 2297.0 | +397.9 | 3581.2 | +378.2 | 3561.5 | +61.70 | 3245.0 | - | 20524 | -2418.8 | 18105 | +1109.0 | 21633 | -2372.5 | 18151 |
| 2027 | 3630.60 | -1333.6 | 2297.0 | +402.5 | 3492.2 | +46.10 | 3676.7 | -365.7 | 3264.9 | - | 20361 | -1718.0 | 16066 | +1724.4 | 22086 | -2086.5 | 18275 |
| 2028 | 3432.50 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 21657 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2028 | 3135.60 | - | - | - | - | - | - | - | - | - | 19056 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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