Zinc

ZN · Base Metals · LME · Quoted in USD/t

4,021.00 USD/t

+146.00 (+3.77%) vs prior

Monthly avg, World Bank Pink Sheet, Sep 2026

Monthly averages · from 1960-01-01

Origin markets

Benchmark: LME cash zinc, in-warehouse. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →

Origin	Basis	Market note
🌐 LME warehouses Global · terminal market	In-warehouseBenchmark	Global reference for SHG zinc
🇺🇸 US SHG (delivered) USA · duty + premium	Delivered premium	Special-high-grade delivered premium
🇪🇺 Rotterdam SHG Europe · European benchmark	In-warehouse premium	Duty-paid SHG premium
🇨🇳 Shanghai (SMM) China · top smelter hub	Ex-works China	Concentrate TCs at lows squeeze smelter margins
🇦🇺 Concentrate (payable) Australia/Peru · mine supply	FOB payable basis	Concentrate payables net back well under refined metal

Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.

Track physical flows on the live vessel map →

Open

3,875.00

Range high

4,021.00

Range low

2,933.00

Prev Close

3,875.00

—

+11.73%

+44.17%

+32.44%

Exchange

LME

6-month range

Annualised volatility 21%

Low 177.00Now 4,021.00 · 91%High 4,405.00

In other units

Converted from 4,021.00 USD/t · indicative FX

USD/kg

4.021

USD/lb

1.824

EUR/t · FX conversion, not an exchange quote

3,699.32

CNY/t · FX conversion, not an exchange quote

29,152.25

About Zinc

Zinc is traded in the base metals segment. The series on this page is the named public source, not a live feed. Physical parcels of Zinc can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.

Base MetalsLMEUSD/t+3.77% vs prior

Top producers

1. China2. Peru3. Australia4. India

Principal uses