Announcement on the Early Release of SMM Prices for Nickel, Cobalt, Manganese, and New Energy
Dear Users:
To better serve as a benchmark for spot prices in the nickel, cobalt, manganese, and new energy industries, and to assist in optimizing the order signing mechanism.
After a period of market research and consolidation,
1. SMM plans to advance the release time of the following prices to 10:30 AM Beijing Time every working day starting from March 24, 2025:
Battery-Grade Nickel Sulphate (USD/mt),
SMM Battery-Grade Nickel Sulphate Index (USD/mt),
SMM Cobalt Sulphate Index(USD/mt),
Battery-Grade Manganese Sulphate (Ex-Factory Price)(USD/mt),
SMM Battery-Grade Manganese Sulphate Index(USD/mt)
2. SMM plans to advance the release time of the following prices to 11:00 AM Beijing Time every working day starting from March 26, 2025:
5-Series Ternary Cathode Precursor (Monocrystalline, For NEV) (USD/mt),
5-Series Ternary Cathode Precursor (Polycrystalline, For Consumer Electronics) (USD/mt) ,
6-Series Ternary Cathode Precursor (Monocrystalline, For NEV) (USD/mt),
6-Series Ternary Cathode Precursor (Polycrystalline, For Consumer Electronics) (USD/mt),
8-Series Ternary Cathode Precursor (Polycrystalline, For NEV) (USD/mt),
8-Series Ternary Cathode Precursor (Polycrystalline, For Consumer Electronics) (USD/mt) ,
Iron Phosphate（Recycled) (USD/mt)
3. SMM plans to advance the release time of the following prices to 11:30 AM Beijing Time every working day starting from March 28, 2025:
Ternary cathode material:
5-Series Ternary Cathode Material (Monocrystalline, For NEV) (USD/mt),
5-Series Ternary Cathode Material (Polycrystalline, For Consumer Electronics) (USD/mt)
6-Series Ternary Cathode Material (Monocrystalline, For NEV) (USD/mt),
6-Series Ternary Cathode Material (Polycrystalline, For Consumer Electronics) (USD/mt),
8-Series Ternary Cathode Material (Polycrystalline, For NEV) (USD/mt),
8-Series Ternary Cathode Material (Polycrystalline, For Consumer Electronics) (USD/mt)
NCA Ternary Cathode Material (USD/mt)
LFP cathode material:
LFP (High-End, For NEV) (USD/mt),
LFP (Mid-End, For NEV) (USD/mt),
LFP (High-End, For ESS) (USD/mt),
LFP (Mid-End, For ESS) (USD/mt),
LFP (Low-End, For ESS) (USD/mt),
LCO cathode material:
LMO cathode material:
LMO (For High-Capacity Battery) (USD/mt),
LMO (MnO2, For High-Capacity Battery) (USD/mt),
LMO (Mn3O4, For High-Capacity Battery) (USD/mt)
SMM Nickel & Cobalt & Manganese & New Energy Industry Research Team
March 20, 2025