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: 2026-01-29 23:00:05 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 | 3075.50 | -778.5 | 2297.0 | +461.2 | 3536.7 | +464.5 | 3540.0 | +217.2 | 3292.7 | - | 20485 | -4342.3 | 16142 | +1658.2 | 22143 | -2584.8 | 17900 |
| FEB26 | 3141.90 | -844.9 | 2297.0 | +589.7 | 3731.6 | +665.8 | 3807.7 | +232.7 | 3374.6 | - | 19916 | +2383.9 | 22300 | +412.5 | 20328 | -1783.0 | 18133 |
| MAR26 | 3157.60 | -860.6 | 2297.0 | +446.4 | 3604.0 | +629.9 | 3787.5 | +249.0 | 3406.6 | - | 19916 | -1434.6 | 18481 | +623.6 | 20539 | -1482.7 | 18433 |
| APR26 | 3075.50 | -778.5 | 2297.0 | +527.7 | 3603.2 | +744.9 | 3820.4 | +331.3 | 3406.8 | - | 20613 | -2131.5 | 18481 | +112.2 | 20725 | -2178.8 | 18434 |
| MAY26 | 3075.50 | -778.5 | 2297.0 | +524.8 | 3600.3 | +754.4 | 3829.9 | +331.4 | 3406.9 | - | 20657 | -2176.1 | 18481 | +91.70 | 20749 | -2222.6 | 18435 |
| JUN26 | 3217.20 | -920.2 | 2297.0 | +385.6 | 3602.8 | +616.4 | 3833.6 | +189.9 | 3407.1 | - | 19916 | -1434.7 | 18482 | +885.8 | 20802 | -1481.0 | 18435 |
| JUL26 | 3242.80 | -945.8 | 2297.0 | +362.3 | 3605.1 | +594.3 | 3837.1 | +164.4 | 3407.2 | - | 19916 | -1422.9 | 18494 | +920.2 | 20837 | -1480.6 | 18436 |
| 2Q26 | 3122.70 | -825.7 | 2297.0 | +479.4 | 3602.1 | +705.3 | 3828.0 | +284.2 | 3406.9 | - | 20395 | -1914.1 | 18481 | +363.2 | 20759 | -1960.8 | 18435 |
| 3Q26 | 3271.90 | -974.9 | 2297.0 | +335.6 | 3607.5 | +577.8 | 3849.7 | +135.4 | 3407.3 | - | 19917 | -1410.8 | 18506 | +1008.6 | 20925 | -1480.5 | 18436 |
| 4Q26 | 3374.40 | -1077.4 | 2297.0 | +239.1 | 3613.5 | +503.4 | 3877.8 | +33.10 | 3407.5 | - | 19918 | -1381.0 | 18537 | +1125.6 | 21043 | -1480.5 | 18437 |
| 1Q27 | 3505.80 | -1208.8 | 2297.0 | +361.0 | 3519.0 | +432.7 | 3938.5 | -96.00 | 3409.8 | - | 19919 | -1905.8 | 15719 | +1676.2 | 21595 | -1462.7 | 18456 |
| 2Q27 | 3671.30 | -1374.3 | 2297.0 | - | - | +235.0 | 3451.8 | -254.9 | 3416.4 | - | 19920 | - | - | +2067.2 | 19655 | -1424.7 | 18495 |
| 2026 | 3223.50 | -926.5 | 2297.0 | +388.1 | 3611.6 | +593.3 | 3816.8 | +171.4 | 3394.9 | - | 20084 | -1451.2 | 18633 | +848.9 | 20933 | -1718.0 | 18366 |
| 2027 | 3795.30 | -1498.3 | 2297.0 | +402.5 | 3492.2 | +143.2 | 3938.5 | -380.0 | 3415.3 | - | 19921 | -1718.0 | 16066 | +1673.7 | 21595 | -1433.0 | 18488 |
| 2028 | 3542.00 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 21217 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2028 | 3135.60 | - | - | - | - | - | - | - | - | - | 19056 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| JAN26 |
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| 1Q27 |
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| 2026 |