Worked exampleZincIngotRefined

Zinc SHG ingot

Special High Grade (SHG) Z13001 (99.995% Zn min)

SHG is the LME-registered deliverable grade for zinc. Hindustan Zinc, Nyrstar, Korea Zinc, and Glencore all ship SHG. Direct MT hedging keeps the tonnage exposure exact for galvanisers, die-casters, and traders.

This page shows how the NovaEx wizard models one common configuration. Your contract may look different. Override any field per shipment, or clone the example to build your own.

By NovaEx Product

Conversion recipe

1:1 weight
Hedge methodDirect MT hedge
FormulaHedgeable MT = Qty × UOM factor
Commercial UOMMT
Rounding ruledown

Sources

LME Special Contract Rules · ASTM B6 (Zinc) · International Zinc Association

Industry-standard ranges shown. Actual contract terms vary per shipment; override at position entry.

Worked example

Typical shipment

Commercial qty

50 MT

As invoiced

Contained metal

50.00 MT

Zinc inside the goods

Hedgeable metal

50.00 MT

Flows to hedge desk → LME Zinc

50 MT = 50.00 MT contained Refined metal is 100% base metal → 50.00 MT Zinc hedgeable

50 MT of SHG zinc ingot × 100% = 50 MT Zn hedgeable → hedge on LME Zinc (MCX: ZINC, 5 MT lot).

Typical specifications

What you're actually trading

Reference specifications for contracts, counterparty conversations, and supply-chain planning. Not a substitute for the shipment's lab certificate or commercial contract.

Grade
SHG Z13001 per ASTM B6
Purity
99.995% Zn minimum
Typical format
25 kg jumbos, 1 MT block slabs
LME-registered
Yes
MCX symbol
ZINC (5 MT lot)

Configure zinc shg ingot for your desk

Book a live walkthrough. We'll configure this product using your own contract terms and show the hedge derivation end-to-end.

Questions about this product

Zinc SHG ingot: FAQs

Frequently Asked Questions