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: 2026-01-31 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 | |||||||||
| JAN26 | 3167.50 | -870.5 | 2297.0 | +300.0 | 3467.5 | +226.8 | 3394.3 | +176.8 | 3344.3 | - | 21030 | -5024.7 | 16005 | +542.9 | 21573 | -3049.5 | 17980 |
| FEB26 | 3237.00 | -940.0 | 2297.0 | +175.5 | 3412.5 | +464.2 | 3701.2 | +194.7 | 3431.7 | - | 20461 | -3794.7 | 16666 | -757.4 | 19703 | -2237.0 | 18224 |
| MAR26 | 3253.40 | -956.4 | 2297.0 | +541.9 | 3795.3 | +423.5 | 3676.9 | +204.3 | 3457.7 | - | 20461 | -1551.9 | 18909 | -530.8 | 19930 | -1960.4 | 18500 |
| APR26 | 3167.50 | -870.5 | 2297.0 | +628.3 | 3795.8 | +540.2 | 3707.7 | +290.4 | 3457.9 | - | 21158 | -2248.9 | 18909 | -987.0 | 20171 | -2656.6 | 18501 |
| MAY26 | 3167.50 | -870.5 | 2297.0 | +626.2 | 3793.7 | +551.2 | 3718.7 | +290.5 | 3458.0 | - | 21202 | -2293.5 | 18909 | -1005.5 | 20197 | -2700.5 | 18502 |
| JUN26 | 3315.90 | -1018.9 | 2297.0 | +480.4 | 3796.3 | +403.7 | 3719.6 | +142.2 | 3458.1 | - | 20461 | -1552.1 | 18909 | -209.3 | 20252 | -1958.9 | 18502 |
| JUL26 | 3342.60 | -1045.6 | 2297.0 | +456.1 | 3798.7 | +380.4 | 3723.0 | +115.6 | 3458.2 | - | 20461 | -1540.1 | 18921 | -177.1 | 20284 | -1958.6 | 18503 |
| 2Q26 | 3217.00 | -920.0 | 2297.0 | +578.3 | 3795.3 | +498.3 | 3715.3 | +241.0 | 3458.0 | - | 20940 | -2031.5 | 18909 | -733.9 | 20206 | -2438.6 | 18502 |
| 3Q26 | 3373.10 | -1076.1 | 2297.0 | +428.2 | 3801.3 | +353.4 | 3726.5 | +85.20 | 3458.3 | - | 20462 | -1527.7 | 18934 | -131.4 | 20330 | -1958.5 | 18503 |
| 4Q26 | 3480.40 | -1183.4 | 2297.0 | +327.2 | 3807.6 | +272.2 | 3752.6 | -21.90 | 3458.5 | - | 20463 | -1497.1 | 18965 | -10.20 | 20452 | -1958.6 | 18504 |
| 1Q27 | 3618.00 | -1321.0 | 2297.0 | +361.0 | 3519.0 | +213.9 | 3831.9 | -157.2 | 3460.8 | - | 20464 | -1905.8 | 15719 | +441.2 | 20905 | -1940.8 | 18523 |
| 2Q27 | 3791.40 | -1494.4 | 2297.0 | - | - | +235.0 | 3451.8 | -323.8 | 3467.6 | - | 20465 | - | - | +2067.2 | 19655 | -1902.7 | 18562 |
| 2026 | 3322.40 | -1025.4 | 2297.0 | +412.1 | 3734.5 | +373.9 | 3696.3 | +124.1 | 3446.5 | - | 20629 | -2170.6 | 18458 | -281.0 | 20348 | -2192.9 | 18436 |
| 2027 | 3921.10 | -1624.1 | 2297.0 | +402.5 | 3492.2 | -89.20 | 3831.9 | -454.6 | 3466.5 | - | 20466 | -1718.0 | 16066 | +438.7 | 20905 | -1911.0 | 18555 |
| 2028 | 3656.00 | -1049.1 | 2297.0 | - | - | +105.7 | 3451.8 | -223.3 | 3122.8 | - | 21762 | - | - | +2149.8 | 19655 | -1541.3 | 15963 |
| 2028 | 3135.60 | - | - | - | - | - | - | - | - | - | 19056 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| JAN26 |
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| 1Q27 |
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| 2026 |
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| 2026 |