SMM

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),

Cobalt Sulphate(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 (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),

Restorative LFP (USD/mt),

LMFP (USD/mt)

LCO cathode material:

LCO (Co≥60%,4.2V) (USD/mt),

LCO (Co≥60%,4.4V) (USD/mt),

LCO (Co≥60%,4.45V) (USD/mt),

LCO (Co≥60%,4.45V) (USD/mt),

LCO (Co≥60%,4.5V) (USD/mt),

LCO (Co≥60%,4.53V) (USD/mt)

LMO cathode material:

LMO (For High-Capacity Battery) (USD/mt),

LMO (for NEV) (USD/mt),

LMO (MnO2, For High-Capacity Battery) (USD/mt),

LMO (Mn3O4, For High-Capacity Battery) (USD/mt)

LMO (MnO2, for NEV) (USD/mt),

LMO (Mn3O4, for NEV) (USD/mt)

SMM Nickel & Cobalt & Manganese & New Energy Industry Research Team
March 20, 2025