Zinc, from uncertainty to precision.
SHG ingot pricing, galvanising demand signals, and hedge alignment in one view—so you navigate concentrated supply with clarity.
Indicative data — for illustration only
Plan rate (₹/kg)
302.53
USD/INR
93.67
Daily change
+0.93%
Zinc Overview
IndicativeLME Cash
$3,229.64
USD/MT
MCX Near
₹302.5
/kg
USD/INR
93.67
FX
Day Range
$3,228.19–3,250.94
USD/MT
Derived forward curve in ₹/kg
Why zinc is hard
Concentrated supply
HZL controls ~75% of domestic zinc; a single production update moves the market.
Galvanising demand cycles
Seasonal galvanising demand swings create basis volatility between LME and MCX.
FX drag
₹ moves against LME zinc create unexpected INR/kg swings for buyers.
Import parity dependency
When domestic supply tightens, import parity becomes the price anchor overnight.
Alloy grade complexity
SHG ingots vs Zamak alloys vs galvanising-grade—each has its own premium stack.
Working capital
Margin calls and premium payments clash; without early alerts, costs escalate.
The old workflow
Check LME and MCX for zinc levels; monitor HZL updates
Convert USD/MT to ₹/kg; factor in SHG premiums
Assess import parity when domestic supply tightens
Wait for HZL/Vedanta price circulars under pressure
Verify MTM & margin calls; track alloy-grade premiums
Reconcile spreadsheets; P&L alignment at month‑end
How Novaex changes this
Contract Picker
Map delivery to LME 3M prompt or MCX month; see carry and date alignment for zinc.
Price Hygiene
LME to clean ₹/kg with SHG premium overlay and import parity calculation.
Supplier Signal Watch
Track HZL production updates and Vedanta availability with pre‑alerts.
Hedge Windows
AI highlights optimal entry points for zinc hedges when HZL supply shifts.
One‑tap RFQs
Send structured RFQs to ingot and alloy suppliers; timestamped and audit‑ready.
Position Sync
Physical, hedges, and FX in one ledger; reconciled MTM across zinc positions.
Supplier Triggers
At‑a‑glance status for leading suppliers. (Sample data)
We never say "buy now." We frame: consider locking physical / layer hedge / hold & monitor.
Contract Picker
Indicative guide — select a delivery month to see which exchange prompt typically aligns. Not a trading recommendation.
For a May delivery, the indicative hedge prompt is May 3rd‑Wed on LME and May on MCX.
Carry impact ≈ ₹0.8–1.5/kg. FX sensitivity: ±0.5 in USD/INR ≈ ±₹1.4/kg.
Indicative only — actual contract selection depends on settlement dates, liquidity, and your broker. Consult your broker before placing trades.
Frequently Asked Questions
Ready to turn chaos into clarity?
See hedge windows early, align contracts, and keep P&L honest.
Analytics only. You remain the decision maker. Full policy in Terms.
Disclaimer: All prices, rates, and market data displayed on this page are indicative and provided for informational purposes only. They do not constitute investment advice, a solicitation, or a recommendation to buy, sell, or hold any commodity, security, or financial instrument. Aeonis Technology Private Limited (NOVAEX) makes no representation or warranty as to the accuracy, completeness, or timeliness of the information presented. Market data is sourced from third-party providers and may be delayed or differ from actual traded prices. Users should independently verify all data and consult qualified financial, legal, or tax advisors before making any trading or investment decisions. NOVAEX shall not be liable for any loss or damage arising from reliance on the information provided herein. Past performance is not indicative of future results. Use of this page is subject to our Terms of Service and Privacy Policy.