In recent years, South Korea has solidified its position as a global supply and export hub for the lithium industry. With the continuous upgrade of local production capabilities, the export volume of Lithium Carbonate and Lithium Hydroxide has seen significant growth.
To better reflect the supply-demand fundamentals of the lithium salt market and to provide global traders and downstream users with more precise settlement references and risk management tools, SMM has decided to expand its overseas price assessment portfolio.
Effective March 17, 2026, SMM will officially launch the following two new price points: "SMM Battery-Grade Lithium Carbonate (CIF South Korea)" and "SMM Battery-Grade Lithium Hydroxide (CIF South Korea)".
The details of the new price points are as follows:
1. Product Name: SMM Battery-Grade Lithium Carbonate (CIF South Korea)
- Quality: Li2CO3 ≥ 99.5%
- Definition: CIF main South Korean ports (other ports normalized)
- Unit: USD/kg
- Timing: Within 60 days
- Publication Time: Daily, by 12:00 pm Beijing Time (Working Days)
- Payment Terms: Letter of Credit, Telegraphic Transfer or Documents against Payment, Other Payment Terms Normalized
2. Product Name: SMM Battery-Grade Lithium Hydroxide (CIF South Korea)
- Quality: LiOH ≥ 56.5%
- Definition: CIF main South Korean ports (other ports normalized)
- Unit: USD/kg
- Timing: Within 60 days
- Publication Time: Daily, by 12:00 pm Beijing Time (Working Days)
- Payment Terms: Letter of Credit, Telegraphic Transfer or Documents against Payment, Other Payment Terms Normalized
For any inquiries, please contact the SMM New Energy & Lithium Industry Research Department.
SMM New Energy & Lithium Industry Research Department
March 16, 2026