Zinc

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

3,345.00 USD/t

+8.000 (+0.24%) today

— · CI Indication

Origin markets

Origin spread 590.00 USD/t

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	Price	vs benchmark	Market note
🌐 LME warehouses Global · terminal market	In-warehouse	3,345.00	Benchmark	Global reference for SHG zinc
🇺🇸 US SHG (delivered) USA · duty + premium	Delivered premium	3,675.00	+330.00 (+9.9%)stable	Special-high-grade delivered premium
🇪🇺 Rotterdam SHG Europe · European benchmark	In-warehouse premium	3,575.00	+230.00 (+6.9%)stable	Duty-paid SHG premium
🇨🇳 Shanghai (SMM) China · top smelter hub	Ex-works China	3,390.00	+45.00 (+1.3%)narrowing	Concentrate TCs at lows squeeze smelter margins
🇦🇺 Concentrate (payable) Australia/Peru · mine supply	FOB payable basis	3,085.00	-260.00 (-7.8%)narrowing	Concentrate payables net back well under refined metal

Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.

Track physical flows on the live vessel map →

Open

3,337.00

Day High

3,393.00

Day Low

3,344.00

Prev Close

3,337.00

+0.45%

+1.49%

-3.27%

+18.95%

Exchange

LME

6-month range

Annualised volatility 10%

Low 2,222.00Now 3,345.00 · 52%High 4,368.00

Forward curve

Indicative term structure · Backwardation

Spot

3,345.00

USD/t

3,345.00

0.00%

3,342.00

-0.09%

12M

3,336.00

-0.27%

18M

3,322.00

-0.69%

24M

3,285.00

-1.79%

In other units

Converted from 3,345.00 USD/t · indicative FX

USD/kg

3.345

USD/lb

1.517

EUR/t

3,077.40

CNY/t

24,251.25

About Zinc

Zinc is traded in the base metals segment, with price discovery referenced against LME. The chart above shows the trailing indicative price path. 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+0.24% today

Top producers

1. China2. Peru3. Australia4. India

Principal uses