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: 2025-09-21 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 | |||||||||
| SEP25 | 2955.30 | -658.3 | 2297.0 | +326.6 | 3281.9 | +466.2 | 3421.5 | +18.70 | 2974.0 | - | 15116 | +17.80 | 15134 | -582.1 | 14534 | +178.1 | 15294 |
| OCT25 | 2837.00 | -540.0 | 2297.0 | +260.3 | 3097.3 | +269.5 | 3106.5 | +208.7 | 3045.7 | - | 16600 | -406.8 | 16193 | +956.8 | 17556 | -1123.3 | 15476 |
| NOV25 | 2839.10 | -542.1 | 2297.0 | +501.4 | 3340.5 | +303.6 | 3142.7 | +211.9 | 3051.0 | - | 16601 | -1220.6 | 15381 | +660.5 | 17262 | -979.8 | 15621 |
| DEC25 | 2810.50 | -513.5 | 2297.0 | +530.1 | 3340.6 | +347.8 | 3158.3 | +240.6 | 3051.1 | - | 17280 | -1899.5 | 15381 | +84.90 | 17365 | -1658.2 | 15622 |
| JAN26 | 2808.80 | -511.8 | 2297.0 | +529.7 | 3338.5 | +352.4 | 3161.2 | +242.4 | 3051.2 | - | 17338 | -1957.8 | 15380 | +43.30 | 17382 | -1715.9 | 15622 |
| FEB26 | 2848.10 | -551.1 | 2297.0 | +492.7 | 3340.8 | +314.6 | 3162.7 | +203.2 | 3051.3 | - | 16608 | -1226.7 | 15381 | +801.7 | 17409 | -984.7 | 15623 |
| MAR26 | 2852.20 | -555.2 | 2297.0 | +490.6 | 3342.8 | +320.4 | 3172.6 | +199.2 | 3051.4 | - | 16610 | -1220.3 | 15390 | +849.5 | 17460 | -987.3 | 15623 |
| 4Q25 | 2828.90 | -531.9 | 2297.0 | +430.6 | 3259.5 | +306.9 | 3135.8 | +220.4 | 3049.3 | - | 16827 | -1175.7 | 15651 | +567.4 | 17394 | -1253.8 | 15573 |
| 1Q26 | 2836.40 | -539.4 | 2297.0 | +504.3 | 3340.7 | +329.1 | 3165.5 | +214.9 | 3051.3 | - | 16852 | -1468.2 | 15384 | +564.9 | 17417 | -1229.3 | 15623 |
| 2Q26 | 2862.30 | -565.3 | 2297.0 | +485.0 | 3347.3 | +321.1 | 3183.4 | +189.2 | 3051.5 | - | 16618 | -1206.9 | 15411 | +939.6 | 17557 | -993.9 | 15624 |
| 3Q26 | 2882.40 | -585.4 | 2297.0 | +469.3 | 3351.7 | +322.3 | 3204.7 | +169.2 | 3051.6 | - | 16632 | -1200.9 | 15431 | +1091.7 | 17724 | -1007.9 | 15624 |
| 4Q26 | 2909.50 | -612.5 | 2297.0 | - | - | +324.4 | 3233.9 | +146.2 | 3055.7 | - | 16651 | - | - | +1347.0 | 17998 | -997.8 | 15653 |
| 2025 | 2860.50 | -563.5 | 2297.0 | +404.6 | 3265.1 | +346.8 | 3207.3 | +169.9 | 3030.4 | - | 16399 | -877.3 | 15522 | +280.0 | 16679 | -895.8 | 15503 |
| 2026 | 2872.60 | -575.6 | 2297.0 | +472.5 | 3345.1 | +320.9 | 3193.5 | +179.9 | 3052.5 | - | 16688 | -1286.1 | 15402 | +956.3 | 17644 | -1057.2 | 15631 |
| 2027 | 3020.80 | -723.8 | 2297.0 | - | - | +570.4 | 3419.8 | +41.90 | 3062.7 | - | 16730 | - | - | +1000.5 | 17942 | -1040.9 | 15689 |
| 2028 | 2763.00 | - | - | - | - | - | - | - | - | - | 18907 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| SEP25 |
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| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |