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: 2025-09-03 23:00:03 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 | |||||||||
| SEP25 | 2866.90 | -569.9 | 2297.0 | +345.3 | 3212.2 | +440.8 | 3307.7 | -33.80 | 2833.1 | - | 15158 | +705.8 | 15863 | -585.0 | 14573 | +194.6 | 15352 |
| OCT25 | 2786.40 | -489.4 | 2297.0 | +230.3 | 3016.7 | +332.7 | 3119.1 | +67.70 | 2854.1 | - | 16643 | -1489.0 | 15154 | +1039.0 | 17682 | -1236.5 | 15406 |
| NOV25 | 2788.70 | -491.7 | 2297.0 | +327.0 | 3097.1 | +350.7 | 3139.4 | +97.00 | 2885.7 | - | 16645 | -1722.4 | 15004 | +719.2 | 17364 | -1039.9 | 15605 |
| DEC25 | 2779.50 | -482.5 | 2297.0 | +336.7 | 3097.2 | +362.2 | 3141.7 | +106.3 | 2885.8 | - | 17330 | -2391.3 | 15004 | +72.80 | 17403 | -1724.4 | 15606 |
| JAN26 | 2779.50 | -482.5 | 2297.0 | +319.3 | 3098.8 | +363.5 | 3143.0 | +106.4 | 2885.9 | - | 17389 | -2448.6 | 15004 | +35.60 | 17425 | -1782.8 | 15606 |
| FEB26 | 2798.30 | -501.3 | 2297.0 | +302.6 | 3100.9 | +350.9 | 3149.2 | +87.70 | 2886.0 | - | 16655 | -1638.1 | 15017 | +829.3 | 17485 | -1048.7 | 15607 |
| MAR26 | 2802.70 | -505.7 | 2297.0 | +300.1 | 3102.8 | +352.9 | 3155.6 | +83.40 | 2886.1 | - | 16660 | -1633.8 | 15026 | +880.9 | 17541 | -1053.1 | 15607 |
| 4Q25 | 2784.90 | -487.9 | 2297.0 | +231.8 | 3016.7 | +348.5 | 3133.4 | +90.30 | 2875.2 | - | 16873 | -1719.0 | 15154 | +610.3 | 17483 | -1333.6 | 15539 |
| 1Q26 | 2793.50 | -496.5 | 2297.0 | +307.3 | 3100.8 | +355.8 | 3149.3 | +92.50 | 2886.0 | - | 16902 | -1879.8 | 15022 | +581.9 | 17483 | -1294.9 | 15607 |
| 2Q26 | 2813.50 | -516.5 | 2297.0 | +293.4 | 3106.9 | +350.9 | 3164.4 | +72.70 | 2886.2 | - | 16672 | -1625.4 | 15046 | +967.7 | 17639 | -1064.1 | 15608 |
| 3Q26 | 2834.90 | -537.9 | 2297.0 | +276.1 | 3111.0 | +351.0 | 3185.9 | +51.40 | 2886.3 | - | 16695 | -1628.8 | 15066 | +1126.5 | 17821 | -1087.0 | 15608 |
| 4Q26 | 2863.90 | -566.9 | 2297.0 | - | - | +349.1 | 3213.0 | +26.30 | 2890.2 | - | 16726 | - | - | +1362.4 | 18089 | -1089.1 | 15637 |
| 2025 | 2805.40 | -508.4 | 2297.0 | +309.1 | 3114.5 | +371.6 | 3177.0 | +59.30 | 2864.7 | - | 16444 | -935.3 | 15508 | +311.5 | 16755 | -951.5 | 15492 |
| 2026 | 2826.40 | -529.4 | 2297.0 | +278.5 | 3104.9 | +348.6 | 3175.0 | +60.80 | 2887.2 | - | 16749 | -1707.2 | 15041 | +979.6 | 17728 | -1133.8 | 15615 |
| 2027 | 2982.70 | -685.7 | 2297.0 | - | - | +570.4 | 3419.8 | -85.90 | 2896.8 | - | 16855 | - | - | +1000.5 | 17942 | -1181.7 | 15673 |
| 2028 | 2779.50 | - | - | - | - | - | - | - | - | - | 18980 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SEP25 |
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| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |