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: 2025-12-15 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 | |||||||||
| DEC25 | 3226.50 | -929.5 | 2297.0 | +229.5 | 3456.0 | +608.7 | 3835.2 | +129.1 | 3355.6 | - | 14448 | -108.1 | 14340 | -380.4 | 14068 | -51.00 | 14397 |
| JAN26 | 2940.00 | -643.0 | 2297.0 | +752.9 | 3692.9 | +316.8 | 3256.8 | +465.5 | 3405.5 | - | 15695 | -577.2 | 15117 | +848.4 | 16543 | -1188.0 | 14507 |
| FEB26 | 2948.90 | -651.9 | 2297.0 | +351.1 | 3300.0 | +370.2 | 3319.1 | +483.5 | 3432.4 | - | 15691 | -998.2 | 14693 | +613.5 | 16305 | -1002.6 | 14689 |
| MAR26 | 2875.60 | -578.6 | 2297.0 | +424.2 | 3299.8 | +456.5 | 3332.1 | +557.0 | 3432.6 | - | 16408 | -1715.2 | 14693 | -32.90 | 16375 | -1719.0 | 14689 |
| APR26 | 2873.90 | -576.9 | 2297.0 | +423.7 | 3297.6 | +460.7 | 3334.6 | +558.8 | 3432.7 | - | 16454 | -1761.2 | 14693 | -37.00 | 16417 | -1764.5 | 14690 |
| MAY26 | 2987.70 | -690.7 | 2297.0 | +312.0 | 3299.7 | +348.8 | 3336.5 | +445.1 | 3432.8 | - | 15676 | -982.7 | 14693 | +778.9 | 16455 | -985.8 | 14690 |
| JUN26 | 3003.80 | -706.8 | 2297.0 | +298.1 | 3301.9 | +335.1 | 3338.9 | +429.2 | 3433.0 | - | 15670 | -966.6 | 14703 | +854.8 | 16524 | -979.0 | 14691 |
| 1Q26 | 2921.50 | -624.5 | 2297.0 | +509.4 | 3430.9 | +381.1 | 3302.6 | +502.0 | 3423.5 | - | 15931 | -1096.9 | 14834 | +476.3 | 16408 | -1303.3 | 14628 |
| 2Q26 | 2955.10 | -658.1 | 2297.0 | +344.6 | 3299.7 | +381.6 | 3336.7 | +477.7 | 3432.8 | - | 15933 | -1236.8 | 14696 | +532.2 | 16465 | -1243.1 | 14690 |
| 3Q26 | 3043.70 | -746.7 | 2297.0 | +262.6 | 3306.3 | +295.5 | 3339.2 | +389.4 | 3433.1 | - | 15654 | -931.5 | 14723 | +955.6 | 16610 | -962.8 | 14691 |
| 4Q26 | 3118.40 | -821.4 | 2297.0 | +192.3 | 3310.7 | +251.0 | 3369.4 | +314.9 | 3433.3 | - | 15625 | -882.9 | 14742 | +1154.5 | 16779 | -933.3 | 14692 |
| 1Q27 | 3214.30 | -917.3 | 2297.0 | - | - | +197.2 | 3411.5 | +223.6 | 3437.9 | - | 15587 | - | - | +1434.8 | 17022 | -868.2 | 14719 |
| 2025 | 3226.50 | -929.5 | 2297.0 | +229.5 | 3456.0 | +608.7 | 3835.2 | +129.1 | 3355.6 | - | 14448 | -108.1 | 14340 | -380.4 | 14068 | -51.00 | 14397 |
| 2026 | 3009.70 | -712.7 | 2297.0 | +332.4 | 3342.1 | +327.3 | 3337.0 | +421.0 | 3430.7 | - | 15786 | -1035.6 | 14750 | +779.7 | 16566 | -1110.6 | 14675 |
| 2027 | 3425.30 | -1128.3 | 2297.0 | - | - | -13.80 | 3411.5 | +17.00 | 3442.3 | - | 15505 | - | - | +1517.3 | 17022 | -766.5 | 14738 |
| 2028 | 3115.10 | - | - | - | - | - | - | - | - | - | 17082 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| DEC25 |
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| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| JUN26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |