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: 2026-01-28 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 | 3037.50 | -740.5 | 2297.0 | +454.3 | 3491.8 | +268.4 | 3305.9 | +155.8 | 3193.3 | - | 20645 | -2770.5 | 17874 | +1698.6 | 22343 | -2228.6 | 18416 |
| FEB26 | 3103.90 | -806.9 | 2297.0 | +423.1 | 3527.0 | +477.7 | 3581.6 | +169.0 | 3272.9 | - | 20076 | +1563.7 | 21639 | +668.9 | 20745 | -1419.5 | 18656 |
| MAR26 | 3119.60 | -822.6 | 2297.0 | +508.1 | 3627.7 | +441.4 | 3561.0 | +185.4 | 3305.0 | - | 20076 | -2140.0 | 17936 | +848.3 | 20924 | -1104.4 | 18971 |
| APR26 | 3037.50 | -740.5 | 2297.0 | +590.4 | 3627.9 | +558.1 | 3595.6 | +267.7 | 3305.2 | - | 20773 | -2837.0 | 17936 | +278.7 | 21051 | -1800.4 | 18972 |
| MAY26 | 3037.50 | -740.5 | 2297.0 | +588.2 | 3625.7 | +563.3 | 3600.8 | +267.9 | 3305.4 | - | 20817 | -2881.6 | 17936 | +243.8 | 21061 | -1844.2 | 18973 |
| JUN26 | 3179.20 | -882.2 | 2297.0 | +448.9 | 3628.1 | +422.4 | 3601.6 | +126.3 | 3305.5 | - | 20076 | -2140.2 | 17936 | +1037.5 | 21114 | -1102.5 | 18974 |
| JUL26 | 3204.80 | -907.8 | 2297.0 | +425.6 | 3630.4 | +409.1 | 3613.9 | +100.8 | 3305.6 | - | 20076 | -2128.8 | 17948 | +1076.9 | 21153 | -1102.2 | 18974 |
| 2Q26 | 3084.70 | -787.7 | 2297.0 | +542.5 | 3627.2 | +514.6 | 3599.3 | +220.7 | 3305.4 | - | 20555 | -2619.6 | 17936 | +520.0 | 21075 | -1582.3 | 18973 |
| 3Q26 | 3233.90 | -936.9 | 2297.0 | +399.0 | 3632.9 | +393.4 | 3627.3 | +71.80 | 3305.7 | - | 20077 | -2117.0 | 17960 | +1135.9 | 21213 | -1102.0 | 18975 |
| 4Q26 | 3336.40 | -1039.4 | 2297.0 | +302.5 | 3638.9 | +305.0 | 3641.4 | -30.50 | 3305.9 | - | 20078 | -2088.1 | 17989 | +1253.5 | 21331 | -1102.0 | 18976 |
| 1Q27 | 3467.80 | -1170.8 | 2297.0 | +361.0 | 3519.0 | +224.4 | 3692.2 | -159.7 | 3308.1 | - | 20079 | -1905.8 | 15719 | +1606.5 | 21685 | -1083.6 | 18995 |
| 2Q27 | 3633.30 | -1336.3 | 2297.0 | - | - | +235.0 | 3451.8 | -318.7 | 3314.6 | - | 20080 | - | - | +2067.2 | 19655 | -1044.5 | 19036 |
| 2026 | 3185.50 | -888.5 | 2297.0 | +424.0 | 3609.5 | +402.2 | 3587.7 | +108.0 | 3293.5 | - | 20244 | -1960.6 | 18283 | +995.4 | 21239 | -1342.6 | 18901 |
| 2027 | 3757.30 | -1460.3 | 2297.0 | +402.5 | 3492.2 | -65.10 | 3692.2 | -443.8 | 3313.5 | - | 20081 | -1718.0 | 16066 | +1604.0 | 21685 | -1053.0 | 19028 |
| 2028 | 3504.00 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 21377 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2028 | 3135.60 | - | - | - | - | - | - | - | - | - | 19056 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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