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: 2026-01-20 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 | |||||||||
| JAN26 | 2995.50 | -698.5 | 2297.0 | +459.2 | 3454.7 | +257.9 | 3253.4 | +142.2 | 3137.7 | - | 20170 | -3289.3 | 16880 | +1326.8 | 21496 | -2929.9 | 17240 |
| FEB26 | 3049.00 | -752.0 | 2297.0 | +325.5 | 3374.5 | +427.2 | 3476.2 | +167.1 | 3216.1 | - | 19605 | +1136.3 | 20741 | +301.4 | 19906 | -2139.5 | 17465 |
| MAR26 | 3061.60 | -764.6 | 2297.0 | +545.4 | 3607.0 | +397.4 | 3459.0 | +183.9 | 3245.5 | - | 19606 | -1638.7 | 17967 | +481.2 | 20087 | -1856.9 | 17749 |
| APR26 | 2995.50 | -698.5 | 2297.0 | +611.5 | 3607.0 | +489.0 | 3484.5 | +250.2 | 3245.7 | - | 20298 | -2330.8 | 17967 | -72.10 | 20226 | -2548.2 | 17749 |
| MAY26 | 2995.50 | -698.5 | 2297.0 | +609.1 | 3604.6 | +494.1 | 3489.6 | +250.3 | 3245.8 | - | 20342 | -2375.4 | 17967 | -82.60 | 20260 | -2592.2 | 17750 |
| JUN26 | 3109.70 | -812.7 | 2297.0 | +497.3 | 3607.0 | +383.0 | 3492.7 | +136.2 | 3245.9 | - | 19610 | -1642.3 | 17967 | +691.3 | 20301 | -1858.9 | 17751 |
| JUL26 | 3130.30 | -833.3 | 2297.0 | +479.1 | 3609.4 | +370.0 | 3500.3 | +115.7 | 3246.0 | - | 19611 | -1632.5 | 17979 | +754.0 | 20365 | -1860.3 | 17751 |
| 2Q26 | 3033.60 | -736.6 | 2297.0 | +572.6 | 3606.2 | +455.3 | 3488.9 | +212.2 | 3245.8 | - | 20083 | -2116.2 | 17967 | +178.8 | 20262 | -2333.1 | 17750 |
| 3Q26 | 3153.70 | -856.7 | 2297.0 | +458.1 | 3611.8 | +352.3 | 3506.0 | +92.40 | 3246.1 | - | 19613 | -1622.3 | 17991 | +781.8 | 20395 | -1861.8 | 17751 |
| 4Q26 | 3236.40 | -939.4 | 2297.0 | +381.4 | 3617.8 | +289.7 | 3526.1 | +9.90 | 3246.3 | - | 19620 | -1599.4 | 18021 | +868.4 | 20489 | -1868.0 | 17752 |
| 1Q27 | 3342.30 | -1045.3 | 2297.0 | +361.0 | 3519.0 | +247.3 | 3589.6 | -93.80 | 3248.5 | - | 19629 | -1905.8 | 15719 | +1201.7 | 20831 | -1858.7 | 17770 |
| 2Q27 | 3475.60 | -1178.6 | 2297.0 | - | - | +235.0 | 3451.8 | -220.8 | 3254.8 | - | 19640 | - | - | +2067.2 | 19655 | -1831.9 | 17808 |
| 2026 | 3114.80 | -817.8 | 2297.0 | +460.3 | 3575.1 | +364.5 | 3479.3 | +119.7 | 3234.5 | - | 19777 | -1640.8 | 18137 | +633.0 | 20410 | -2092.9 | 17685 |
| 2027 | 3575.60 | -1278.6 | 2297.0 | +402.5 | 3492.2 | +14.00 | 3589.6 | -321.8 | 3253.8 | - | 19648 | -1718.0 | 16066 | +1182.3 | 20831 | -1847.1 | 17801 |
| 2028 | 3371.50 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 20930 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2028 | 3135.60 | - | - | - | - | - | - | - | - | - | 19056 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| JAN26 |
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| 1Q27 |
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| 2026 |