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: 2025-11-29 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 | 3188.70 | -891.7 | 2297.0 | +190.2 | 3378.9 | +494.0 | 3682.7 | -88.20 | 3100.5 | - | 14605 | -561.2 | 14044 | -370.0 | 14235 | -26.60 | 14579 |
| DEC25 | 2939.20 | -642.2 | 2297.0 | +719.6 | 3658.8 | +151.3 | 3090.5 | +255.0 | 3194.2 | - | 15955 | -78.50 | 15877 | +798.3 | 16754 | -1158.6 | 14797 |
| JAN26 | 2943.00 | -646.0 | 2297.0 | +159.2 | 3102.2 | +213.7 | 3156.7 | +255.5 | 3198.5 | - | 15953 | -1101.5 | 14851 | +564.1 | 16517 | -992.4 | 14960 |
| FEB26 | 2902.30 | -605.3 | 2297.0 | +199.6 | 3101.9 | +274.8 | 3177.1 | +296.3 | 3198.6 | - | 16616 | -1764.2 | 14851 | +35.10 | 16651 | -1654.5 | 14961 |
| MAR26 | 2900.60 | -603.6 | 2297.0 | +199.0 | 3099.6 | +281.0 | 3181.6 | +298.1 | 3198.7 | - | 16663 | -1811.9 | 14851 | +8.10 | 16671 | -1701.7 | 14961 |
| APR26 | 2957.60 | -660.6 | 2297.0 | +144.1 | 3101.7 | +226.5 | 3184.1 | +241.2 | 3198.8 | - | 15943 | -1090.9 | 14852 | +759.5 | 16702 | -980.6 | 14962 |
| MAY26 | 2964.20 | -667.2 | 2297.0 | +139.5 | 3103.7 | +231.9 | 3196.1 | +234.7 | 3198.9 | - | 15938 | -1076.7 | 14861 | +834.4 | 16772 | -975.7 | 14962 |
| 1Q26 | 2915.30 | -618.3 | 2297.0 | +185.9 | 3101.2 | +256.5 | 3171.8 | +283.3 | 3198.6 | - | 16411 | -1559.2 | 14851 | +202.4 | 16613 | -1449.6 | 14961 |
| 2Q26 | 2964.40 | -667.4 | 2297.0 | +139.3 | 3103.7 | +230.2 | 3194.6 | +234.5 | 3198.9 | - | 15938 | -1076.5 | 14861 | +831.6 | 16769 | -975.6 | 14962 |
| 3Q26 | 2989.00 | -692.0 | 2297.0 | +120.9 | 3109.9 | +219.3 | 3208.3 | +210.1 | 3199.1 | - | 15921 | -1029.8 | 14891 | +991.8 | 16912 | -957.7 | 14963 |
| 4Q26 | 3022.10 | -725.1 | 2297.0 | +393.4 | 3269.7 | +227.7 | 3249.8 | +177.8 | 3199.9 | - | 15897 | -1179.7 | 15360 | +1299.6 | 17197 | -928.3 | 14969 |
| 1Q27 | 3064.60 | -767.6 | 2297.0 | - | - | +231.5 | 3296.1 | +140.9 | 3205.5 | - | 15868 | - | - | +1553.9 | 17422 | -866.7 | 15001 |
| 2025 | 3064.00 | -767.0 | 2297.0 | +454.8 | 3518.8 | +322.6 | 3386.6 | +83.40 | 3147.4 | - | 15280 | -319.9 | 14960 | +214.1 | 15494 | -592.7 | 14688 |
| 2026 | 2972.70 | -675.7 | 2297.0 | +132.3 | 3105.0 | +233.4 | 3206.1 | +226.4 | 3199.1 | - | 16042 | -1173.7 | 14868 | +831.4 | 16873 | -1077.7 | 14964 |
| 2027 | 3158.10 | -861.1 | 2297.0 | - | - | +138.0 | 3296.1 | +50.60 | 3208.7 | - | 15802 | - | - | +1619.4 | 17422 | -786.6 | 15016 |
| 2028 | 2952.30 | - | - | - | - | - | - | - | - | - | 17493 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NOV25 |
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| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| MAY26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |