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: 2025-10-05 23:00:03 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 | |||||||||
| OCT25 | 3077.70 | -780.7 | 2297.0 | +314.2 | 3391.9 | +483.1 | 3560.8 | -12.00 | 3065.7 | - | 15157 | +817.8 | 15975 | -748.5 | 14409 | -11.80 | 15145 |
| NOV25 | 2834.60 | -537.6 | 2297.0 | +452.7 | 3287.3 | +193.7 | 3028.3 | +261.3 | 3095.9 | - | 16583 | -1787.7 | 14796 | +802.1 | 17385 | -1357.4 | 15226 |
| DEC25 | 2840.40 | -543.4 | 2297.0 | +433.0 | 3273.4 | +243.7 | 3084.1 | +293.3 | 3133.7 | - | 16584 | -1393.7 | 15191 | +509.9 | 17094 | -1131.3 | 15453 |
| JAN26 | 2793.80 | -496.8 | 2297.0 | +479.6 | 3273.4 | +299.0 | 3092.8 | +340.0 | 3133.8 | - | 17291 | -2100.1 | 15191 | -140.2 | 17150 | -1837.2 | 15453 |
| FEB26 | 2792.30 | -495.3 | 2297.0 | +479.2 | 3271.5 | +305.3 | 3097.6 | +341.6 | 3133.9 | - | 17341 | -2150.4 | 15191 | -162.8 | 17178 | -1887.0 | 15454 |
| MAR26 | 2863.70 | -566.7 | 2297.0 | +409.8 | 3273.5 | +243.6 | 3107.3 | +270.3 | 3134.0 | - | 16588 | -1397.3 | 15191 | +632.4 | 17221 | -1133.9 | 15454 |
| APR26 | 2873.90 | -576.9 | 2297.0 | +401.8 | 3275.7 | +239.8 | 3113.7 | +260.2 | 3134.1 | - | 16590 | -1388.8 | 15201 | +702.6 | 17292 | -1135.2 | 15455 |
| 1Q26 | 2816.60 | -519.6 | 2297.0 | +456.2 | 3272.8 | +282.6 | 3099.2 | +317.3 | 3133.9 | - | 17073 | -1882.6 | 15191 | +109.8 | 17183 | -1619.4 | 15454 |
| 2Q26 | 2886.20 | -589.2 | 2297.0 | +391.6 | 3277.8 | +238.5 | 3124.7 | +247.9 | 3134.1 | - | 16592 | -1380.9 | 15211 | +763.6 | 17356 | -1137.0 | 15455 |
| 3Q26 | 2930.90 | -633.9 | 2297.0 | +352.3 | 3283.2 | +217.4 | 3148.3 | +203.4 | 3134.3 | - | 16599 | -1363.3 | 15236 | +903.9 | 17503 | -1144.1 | 15455 |
| 4Q26 | 2991.20 | -694.2 | 2297.0 | +393.4 | 3269.7 | +215.2 | 3206.4 | +145.2 | 3136.4 | - | 16610 | -1179.7 | 15360 | +1332.3 | 17942 | -1138.2 | 15471 |
| 1Q27 | 3068.50 | -771.5 | 2297.0 | - | - | +236.8 | 3155.2 | +74.10 | 3142.6 | - | 16623 | - | - | +1162.8 | 17712 | -1117.7 | 15505 |
| 2025 | 2917.60 | -620.6 | 2297.0 | +399.9 | 3317.5 | +306.8 | 3224.4 | +180.8 | 3098.4 | - | 16108 | -787.8 | 15320 | +187.9 | 16296 | -833.5 | 15275 |
| 2026 | 2906.20 | -609.2 | 2297.0 | +371.1 | 3277.3 | +238.4 | 3144.6 | +228.5 | 3134.7 | - | 16719 | -1508.9 | 15210 | +777.4 | 17496 | -1259.6 | 15459 |
| 2027 | 3238.70 | -941.7 | 2297.0 | - | - | +570.4 | 3419.8 | -94.00 | 3144.7 | - | 16651 | - | - | +1000.5 | 17942 | -1136.2 | 15515 |
| 2028 | 2835.20 | - | - | - | - | - | - | - | - | - | 18607 | - | - | - | - | - | - |
| 2026 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| OCT25 |
|---|
| NOV25 |
| DEC25 |
| JAN26 |
| FEB26 |
| MAR26 |
| APR26 |
| 1Q26 |
| 2Q26 |
| 3Q26 |
| 4Q26 |
| 1Q27 |
| 2025 |
| 2026 |
| 2027 |
| 2028 |
| 2026 |