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: 2025-11-07 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 | |||||||||
| NOV25 | 3155.40 | -858.4 | 2297.0 | +210.2 | 3365.6 | +432.7 | 3588.1 | +71.70 | 3227.1 | - | 14969 | -45.40 | 14923 | -460.2 | 14508 | -28.30 | 14940 |
| DEC25 | 2937.90 | -640.9 | 2297.0 | +489.5 | 3427.4 | +200.2 | 3138.1 | +315.3 | 3253.2 | - | 16289 | -880.2 | 15409 | +795.7 | 17085 | -1292.0 | 14997 |
| JAN26 | 2944.10 | -647.1 | 2297.0 | +333.0 | 3277.1 | +243.2 | 3187.3 | +343.7 | 3287.8 | - | 16286 | -1136.5 | 15150 | +542.1 | 16828 | -1090.3 | 15196 |
| FEB26 | 2892.30 | -595.3 | 2297.0 | +384.7 | 3277.0 | +305.2 | 3197.5 | +395.7 | 3288.0 | - | 16956 | -1806.7 | 15150 | -61.80 | 16895 | -1759.9 | 15196 |
| MAR26 | 2890.60 | -593.6 | 2297.0 | +384.2 | 3274.8 | +308.3 | 3198.9 | +397.5 | 3288.1 | - | 17004 | -1854.7 | 15150 | -83.00 | 16921 | -1807.4 | 15197 |
| APR26 | 2968.10 | -671.1 | 2297.0 | +308.9 | 3277.0 | +236.1 | 3204.2 | +320.1 | 3288.2 | - | 16275 | -1124.7 | 15150 | +706.7 | 16981 | -1077.3 | 15197 |
| MAY26 | 2978.80 | -681.8 | 2297.0 | +300.3 | 3279.1 | +231.9 | 3210.7 | +309.5 | 3288.3 | - | 16269 | -1109.6 | 15160 | +765.9 | 17035 | -1071.8 | 15198 |
| 1Q26 | 2909.00 | -612.0 | 2297.0 | +367.3 | 3276.3 | +285.5 | 3194.5 | +379.0 | 3288.0 | - | 16749 | -1599.3 | 15150 | +132.5 | 16881 | -1552.5 | 15196 |
| 2Q26 | 2979.10 | -682.1 | 2297.0 | +300.0 | 3279.1 | +232.6 | 3211.7 | +309.2 | 3288.3 | - | 16269 | -1109.4 | 15160 | +764.8 | 17034 | -1071.7 | 15198 |
| 3Q26 | 3019.40 | -722.4 | 2297.0 | +266.2 | 3285.6 | +198.2 | 3217.6 | +269.1 | 3288.5 | - | 16250 | -1059.8 | 15190 | +926.0 | 17176 | -1051.5 | 15198 |
| 4Q26 | 3073.60 | -776.6 | 2297.0 | +393.4 | 3269.7 | +182.2 | 3255.8 | +215.7 | 3289.3 | - | 16224 | -1179.7 | 15360 | +1209.4 | 17433 | -1019.0 | 15205 |
| 1Q27 | 3143.20 | -846.2 | 2297.0 | - | - | +147.7 | 3290.9 | +151.9 | 3295.1 | - | 16190 | - | - | +1448.9 | 17639 | -953.1 | 15237 |
| 2025 | 3046.70 | -749.7 | 2297.0 | +349.8 | 3396.5 | +316.4 | 3363.1 | +193.5 | 3240.2 | - | 15629 | -462.8 | 15166 | +167.8 | 15797 | -660.2 | 14969 |
| 2026 | 2995.30 | -698.3 | 2297.0 | +285.0 | 3280.3 | +224.6 | 3219.9 | +293.2 | 3288.5 | - | 16373 | -1206.4 | 15167 | +758.2 | 17131 | -1173.7 | 15199 |
| 2027 | 3296.30 | -999.3 | 2297.0 | - | - | -5.40 | 3290.9 | +2.00 | 3298.3 | - | 16116 | - | - | +1522.9 | 17639 | -864.3 | 15252 |
| 2028 | 2995.50 | - | - | - | - | - | - | - | - | - | 17835 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NOV25 |
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| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |