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SMM Spot Metal Prices
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Base Metals
Ferrous Metals
Product
Price Range
Avg.
Change
Price Charts
Date
Industrial-Grade Lithium CarbonateUSD/mt
Li₂CO₃≥99.2%
11,248.59 ~ 11,423.37
11,335.98
-97.02(-0.85%)
Dec 05,2025
Battery-Grade Lithium CarbonateUSD/mt
Li₂CO₃ ≥ 99.5%
11,435.86 ~ 11,847.85
11,641.85
-97.11(-0.83%)
Dec 05,2025
SMM Battery-Grade Lithium Carbonate IndexUSD/mt
Li₂CO₃≥99.5%
11,650.97 ~ 11,650.97
11,650.97
-111.1(-0.94%)
Dec 05,2025
Battery-Grade Lithium Hydroxide (CIF China, Japan and South Korea)USD/Kg
LiOH≥56.5%
9.3 ~ 11.25
10.28
0(0.00%)
Dec 05,2025
Battery-Grade Lithium Hydroxide (Coarse Particles)USD/mt
LiOH≥56.5%
9,862.8 ~ 10,644.34
10,253.57
-46.75(-0.45%)
Dec 05,2025
Battery-Grade Lithium Hydroxide (Micro Powder)USD/mt
LiOH≥56.5%
10,599.39 ~ 11,098.78
10,849.09
-46.92(-0.43%)
Dec 05,2025
Battery-Grade Nickel SulphateUSD/mt
Nickel content≥22%
3,428.26 ~ 3,445.74
3,437
-2.27(-0.07%)
Dec 05,2025
Exchange Rate
Index
MoreSMMI
3,547
+11
+0.31%
SMMI.Cu
5,502.25
+20.43
+0.37%
SMMI.Al
1,547.46
+4.9
+0.32%
SMMI.Pb
3,634.92
+15.87
+0.44%
SMMI.Zn
2,891.25
+17.5
+0.61%
SMMI.Sn
6,806.49
-60.54
-0.88%
SMMI.Ni
1,519.62
-4.43
-0.29%
SMMI.Au
6,083.69
+13.49
+0.22%
62% Fe Fines (Qingdao Port): IOPI62
813
-5
-0.61%
SMMI. Coke
1,760
0
0.00%
Rebar
3,190
-3
-0.09%
SMMI.HRC
3,306.5
-5.4
-0.16%
SHFE
MoreAL2601(CNY/mt)
22165-50
CU2601(CNY/mt)
92380+820
NI2601(CNY/mt)
118220+460
PB2601(CNY/mt)
17305+5
SN2601(CNY/mt)
316550-1510
ZN2601(CNY/mt)
23065+5
LME
MoreLME_AH_3M(USD/mt)
2900.5+13
LME_CA_3M(USD/mt)
11665+231
LME_NI_3M(USD/mt)
14970+85
LME_PB_3M(USD/mt)
2009-7
LME_SN_3M(USD/mt)
40175-365
LME_ZS_3M(USD/mt)
3098.5+13.5
Insights
AnalysisIndustry
Read more >>Solid-State Battery Weekly Report: China and South Korea Vie for Mass Production "Beachhead," Wuhai ESS Fires the "First Shot" of Commercialization
This week, the solid-state battery sector gained significant momentum, with multiple domestic enterprises achieving key breakthroughs in environmental approvals, sample deliveries, and mass production, while overseas players in South Korea and the United States intensified technological competition. Across the industry chain—from cathode and anode materials, electrolytes, to battery cell manufacturing—progress advanced in parallel, marking a phase of intensive validation and capacity building for industrialisation.
SMM · 7 hours ago
AnalysisExclusiveIndustry[Analysis] Upstream Holds High-Grade NPI Prices Firm, But Short-Term Fundamental Pressure Is Evident
The average price of high-grade NPI dropped by 4 yuan/mtu WoW to 881.3 yuan/mtu (ex-factory, tax included), while the Indonesian NPI FOB index price fell by $0.21/mtu WoW to $109.63/mtu.Entering December, as stainless steel and SHFE nickel futures prices rose, market sentiment recovered somewhat. At the same time, high-grade NPI smelters faced dual pressures from long-term contract negotiations and prices below cost lines, leading to clear efforts to hold prices firm. High-grade NPI prices gradually stabilized.
SMM · 11 hours ago
AnalysisYear-End Aluminum Billet Production Data Released, Could Production Cuts Be Unavoidable as Off-Season Deepens? [SMM Analysis]
[SMM Analysis: Year-End Aluminum Billet Production Data Released, Will Production Cuts Be Unavoidable as Off-Season Deepens?]
Mixed trends coexisted! Domestic aluminum billet supply-side operating rates remained generally stable in November, with final production figures meeting expectations. As the September-October peak season concluded, some aluminum billet enterprises planned ahead to switch production to aluminum bus bars, primary alloys, aluminum rods, and other products. Meanwhile, some group enterprises, affected by poor overall annual profitability, implemented marginal production cut adjustments in November, showing signs of supply contraction during the off-season. However, due to the better-than-expected performance of aluminum billet processing fees, particularly in South China, some billet plants in South-West China increased production accordingly. Coupled with the ramp-up of newly commissioned capacity in Q4, the domestic aluminum billet supply side achieved a temporary stable transition amid these mixed trends. The daily average production of primary aluminum billets in November pulled back slightly to around 50,000 mt/day, down MoM from October, in line with earlier expectations. However, SMM expects that as the off-season deepens in December and high aluminum prices further suppress processing fees and downstream demand...
SMM · 15 hours ago
RoboSense surges past 150,000-unit LiDAR shipments in November
RoboSense said on December 5 that its LiDAR deliveries topped 150,000 units in November, extending the sharp momentum it saw a month earlier when shipments reached 120,000.
gasgoo · a day ago
CATL partners with Antong Holdings, Goodten Interlink to advance zero-carbon logistics model
CATL has entered a three-party strategic partnership with Antong Holdings and Goodten Interlink, signing the agreement in Ningde in recent days to advance low-carbon logistics solutions across China.
gasgoo · a day ago
Li Auto tops 1.5 million vehicles in cumulative deliveries
This is a milestone that underscores the company's rapid expansion since entering China's new-energy vehicle market.
gasgoo · a day ago
ONVO L90 SUV's cumulative deliveries hit 40,000 units in 4 months after market launch
On December 4, ONVO brand announced that deliveries of its L90 SUV model had reached 40,000 units in the four months since launch, marking the fastest delivery ramp yet for a full-size all-electric SU...
gasgoo · a day ago
Selected NewsBC Copper 2601 Contract Closed Up 1.6%, Expectations for US Fed Interest Rate Cut Support Copper Prices [SMM BC Copper Review]
SMM · a day ago
AnalysisSulphuric Acid Rises Sharply to Boost Costs, Aluminum Fluoride Prices Increase by 250-300 Yuan/MT in December [SMM Analysis]
Brief Review: At the beginning of the month, the December tender pricing set by leading downstream aluminum enterprises was officially finalized. The tender prices generally trended upward, settling in the range of 10,200-10,300 yuan/mt. With the clarification of tender prices, aluminum fluoride prices generally increased by 250-300 yuan/mt following this guidance. Cost side, the core raw material for aluminum fluoride, sulphuric acid, continued its strong price trend, providing solid support for aluminum fluoride costs. Meanwhile, the price of another key raw material, fluorite, experienced a pullback, alleviating some production pressure on enterprises and contributing to a slight improvement in industry profitability, which in turn boosted production enthusiasm. Demand side performance remains the main constraint in the current market, with no significant improvement in downstream procurement pace. The overall demand atmosphere remains mediocre, and effective synergistic support between supply and demand has yet to materialize. Subsequent attention should focus closely on dynamic changes in raw material costs and adjustments in the downstream procurement pace.
SMM · a day ago
Selected NewsUnder Macro Drivers, the Short-Term Black Commodity Chain May Still Have Room for Upside [SMM Steel Industry Chain Weekly Report]
This week, ferrous metals continued to rise initially before stabilizing, with most of the most-traded contracts completing the contract rollover. At the beginning of the week, the Central Ecological and Environmental Protection Inspection Team disclosed environmental issues in Tianjin and Hebei, with Tangshan in Hebei being singled out for unauthorized steel projects and additional capacity. Meanwhile, as December began, the two major domestic macro conferences were about to be held, strengthening market expectations and driving ferrous metals higher. In the latter part of the week, the SMM daily average hot metal output continued to decline, and raw material support weakened somewhat.
SMM · a day ago



