[SMM Announcement] Announcement on the Addition of Two Price Points: Sichuan Sulphuric Acid Price(EXW) and Shanxi Sulphuric Acid Price(EXW).

SMM is officially launching five granular price assessments for Philippine nickel ore ocean freight to major smelting hubs in China and Indonesia, replacing old Philippines ocean freight price points

SMM will update the SMM CIF Indonesia Sulfur price daily instead of weekly, starting May 18, 2026, to better reflect market changes. Updates will be published by 12:00 PM Beijing time on working days.

Starting from May 15, 2026, SMM will officially launch the regular publication of Brazilian and Argentinian low-sulphur petroleum coke CIF China price data.

SMM will launch new pricing for manganese-rich slag from Shanxi (30%-35% Mn) and Hunan (30%-31% Mn) starting May 8, 2026, to improve market transparency and trading efficiency.

9 domestic bauxite price points will be adjusted: from daily updates to monthly updates (on the first Thursday of each month at 5:00 PM Beijing Time).

Three new daily price points for Aluminum Alloy Ingots ADC12 starting March 30, 2026. These prices will be updated Monday through Friday at 12:00 PM (Beijing Time).

SMM launches the "SMM China Titanium Dioxide Price Index" to provide a transparent pricing reference and reflect market trends, effective from March 20, 2026.

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 Kor

Dear User, As a key intermediate product in the lithium industry chain, lithium sulfate serves as a primary raw material for producing core lithium chemicals such as battery-grade lithium carbonate and battery-grade lithium hydroxide. Its supply and price influence the costs of downstream lithium battery materials and market operations. Currently, the lithium sulfate market lacks open and transparent representative price references. International trade and procurement pricing largely rely on bilateral negotiations, leading to issues such as information asymmetry and delayed price transmission. With lithium sulfate production from African lithium producers, represented by the Zimbabwe region, commencing and gradually entering the market, SMM has compiled and launched the " Africa Lithium Sulfate (CIF China) Price " to promote standardized and transparent pricing for African lithium sulfate and enhance the efficiency of the industry chain. This price aims to objectively reflect the market conditions of African lithium sulfate arriving at main Chinese ports. It will provide a reliable price benchmark for producers, traders, downstream enterprises, and financial institutions, supporting the standardized development and price discovery of the global lithium resources market. SMM's "Africa Lithium Sulfate (CIF China)" was officially launched today (January 21, 2026) . Details are as follows: Africa Lithium Sulfate (CIF China), Specification: Li₂SO₄·H₂O content ≥80% Product Name: Africa Lithium Sulfate (CIF China) Quality Standard: Li₂SO₄·H₂O content ≥80% Definition: CIF main Chinese ports Unit: $/mt Minimum Trading Volume: 60 mt Delivery Period: 2 months Release Time: Weekdays, 12:00 Beijing Time Payment Terms: Letter of credit, telegraphic transfer, or documents against payment other payment terms require separate negotiation. Welcome more relevant enterprises in the industry chain to participate and support SMM in better serving new energy industry chain enterprises. Shirley Wang 021-5166-6838 wangcong@smm.cn Thomas Feng 021-5166-6714 fengdisheng@smm.cn Sylvia Wang 021-5166-6914 wangzihan@smm.cn Jessica Wang 021-5159-5902 wangjie@smm.cn Faith Zhang 021-5166-6878 faithzhang@smm.cn Shanghai Metals Market New Energy Research Team January 21, 2026