Announcement on the Early Release of SMM Prices for Nickel, Cobalt, Manganese, and New Energy

Published: Mar 20, 2025 13:47

Source: SMM

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To better serve as a benchmark for spot prices in the nickel, cobalt, manganese, and new energy industries, and to assist the market in optimizing order signing mechanisms, SMM, after a period of consolidation and market survey, plans to advance the release time of some prices starting from March 24, 2025

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%,4.5V) (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

Cathode materials SMM price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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