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: 2025-08-03 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 | |||||||||
| AUG25 | 2768.70 | -471.7 | 2297.0 | +150.9 | 2919.6 | +396.9 | 3165.6 | +15.90 | 2784.6 | - | 14849 | +404.0 | 15253 | -1202.6 | 13646 | +63.60 | 14913 |
| SEP25 | 2731.20 | -434.2 | 2297.0 | +411.3 | 3142.5 | +374.6 | 3105.8 | +54.80 | 2786.0 | - | 16477 | -1254.9 | 15222 | +682.8 | 17160 | -1563.3 | 14914 |
| OCT25 | 2733.40 | -436.4 | 2297.0 | +438.2 | 3163.7 | +378.1 | 3111.5 | +94.20 | 2827.6 | - | 16478 | -1852.0 | 15202 | +328.7 | 16807 | -1345.7 | 15133 |
| NOV25 | 2725.50 | -428.5 | 2297.0 | +438.5 | 3164.0 | +383.9 | 3109.4 | +102.2 | 2827.7 | - | 17111 | -1909.2 | 15202 | -285.9 | 16825 | -1978.1 | 15133 |
| DEC25 | 2725.50 | -428.5 | 2297.0 | +448.5 | 3174.0 | +387.1 | 3112.6 | +102.3 | 2827.8 | - | 17170 | -1278.7 | 15202 | -306.6 | 16863 | -2036.7 | 15133 |
| JAN26 | 2743.00 | -446.0 | 2297.0 | +433.2 | 3176.2 | +369.3 | 3112.3 | +84.80 | 2827.8 | - | 16482 | -1222.0 | 15260 | +416.7 | 16899 | -1348.4 | 15134 |
| FEB26 | 2747.00 | -450.0 | 2297.0 | +431.3 | 3178.3 | +364.5 | 3111.5 | +80.90 | 2827.9 | - | 16484 | -1213.3 | 15270 | +498.2 | 16982 | -1349.7 | 15134 |
| 4Q25 | 2728.10 | -431.1 | 2297.0 | +445.9 | 3174.0 | +383.1 | 3111.2 | +99.60 | 2827.7 | - | 16920 | -1680.0 | 15202 | -87.90 | 16832 | -1786.8 | 15133 |
| 1Q26 | 2747.30 | -450.3 | 2297.0 | +430.9 | 3178.2 | +366.1 | 3113.4 | +80.60 | 2827.9 | - | 16484 | -1213.7 | 15270 | +492.7 | 16976 | -1349.8 | 15134 |
| 2Q26 | 2764.40 | -467.4 | 2297.0 | +420.1 | 3184.5 | +353.3 | 3117.7 | +63.60 | 2828.0 | - | 16491 | -1190.6 | 15300 | +585.1 | 17076 | -1356.1 | 15134 |
| 3Q26 | 2789.00 | -492.0 | 2297.0 | +180.9 | 2956.9 | +364.5 | 3153.5 | +39.70 | 2828.7 | - | 16500 | -1512.0 | 15270 | +857.9 | 17358 | -1359.6 | 15141 |
| 4Q26 | 2822.20 | -525.2 | 2297.0 | - | - | +348.3 | 3170.5 | +11.50 | 2833.7 | - | 16514 | - | - | +1040.4 | 17554 | -1340.4 | 15173 |
| 2025 | 2736.90 | -439.9 | 2297.0 | +341.8 | 3078.7 | +384.1 | 3121.0 | +73.80 | 2810.7 | - | 16417 | -1179.5 | 15238 | -156.7 | 16260 | -1372.1 | 15045 |
| 2026 | 2780.70 | -483.7 | 2297.0 | +400.7 | 3181.4 | +351.7 | 3132.4 | +48.90 | 2829.6 | - | 16497 | -1212.1 | 15285 | +681.4 | 17178 | -1351.5 | 15146 |
| 2027 | 2927.60 | -630.6 | 2297.0 | - | - | +570.4 | 3419.8 | -88.30 | 2839.3 | - | 16729 | - | - | +1000.5 | 17942 | -1526.2 | 15203 |
| 2028 | 2725.50 | - | - | - | - | - | - | - | - | - | 18791 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| AUG25 |
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| SEP25 |
| OCT25 |
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| 4Q25 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |