Raw material side, this week lithium carbonate and nickel sulphate prices fluctuated, while cobalt sulphate prices continued to decline.

Guangdong is a core cluster for China's wire and cable industry, with complete upstream and downstream support, prominent regional advantages, and market reach covering South China, Hong Kong, Macau, and Southeast Asia. The industry is now undergoing transformation. Overseas infrastructure and new energy markets are favorable for enterprises going global, but fluctuations in copper and aluminum raw material prices, capacity homogenization, and market involution continue to squeeze profits. Intelligent and digital transformation has become an urgent necessity for breaking through the industry deadlock. will be held on July 14-15, 2026 at Wyndham Hotel, Guangzhou Design Capital, Guangdong . SMM , together with Baotou Zhenxiong Copper Co., Ltd. , invites you to attend. The conference will leverage data from the entire industry chain and resources in and outside China, focusing on market assessment, transformation and upgrading, supply-demand matching, and empowering go-global strategies, helping local enterprises improve quality and expand markets, and promoting high-quality international development of the regional wire and cable industry. Click , and we look forward to meeting you at the conference. Shanghai Cun'an Industrial Co., Ltd. is located in the Shanghai Nonferrous Metals Trading Center, specializing in commodity trading and supply chain services mainly for nonferrous metals. It is one of the earliest enterprises in China to practice the integration of futures and spot. Starting as a startup, it has grown into an industry benchmark with annual sales exceeding 100 billion yuan and serving over 2,000 manufacturing enterprises, forging a high-quality development path with its own characteristics, and is recognized by the Shanghai municipal government as a top-tier player. Corporate Competitiveness Research-driven and Continuous Innovation The company's market share of copper cathode/aluminum trading volume has consistently held a leading position in the industry. In 2025, annual sales of copper cathode reached 2.3 million mt, and including other products (copper rod, aluminum rod, aluminum ingot, zinc ingot, nickel, silver, tin, lead, lithium carbonate, etc.), total sales reached 4 million mt. Having deeply cultivated the industry for 30 years, the company is annually recognized by professional industry platforms such as "SMM" as a "price submitter," "quality supplier," and other honors. Professional Team, Flexible Models When Shanghai Cun'an was first established, its core team had already experienced multiple market cycles in the commodity sector. Facing industry changes brought by the internet, the company made two important strategic decisions: first, to stick to its core business in nonferrous metals and extend deeply into supply chain services; second, to respond to the Belt and Road Initiative and steadily expand into the African market. Currently, the company has nearly 30 projects underway in Africa, with over 3,000 Chinese and foreign employees, building momentum for international market expansion. Solid Channels, Service First Guided by the national plan to accelerate the development of new-type international trade, the company has established subsidiaries in the Lin-gang Special Area of Shanghai, Singapore, and Hong Kong, actively deploying cross-border finance and trade businesses. Aligning with the Belt and Road Initiative, the company has invested in Africa, where its industries now span various sectors across the continent, including manufacturing of production entities, agriculture, warehousing and logistics, ore and recycled metals, among others. Corporate Vision The vigorous development of the bulk commodity industry is both the aspiration and mission of Cun’an. Cun’an is willing to join hands with its peers, working together to build a more honest, standardized, and efficient non-ferrous metal trade circle, jointly promoting the effective allocation of commodity resources in the real economy environment, and striving to enhance the competitiveness and industry discourse power of China’s non-ferrous metal industry. Contact Information Business Director: Xiong Li 138 1660 9892 Business Manager: Xiong Xicheng 130 4415 6111 SMM Conference Contact Chen Bo 183 7089 1981 chenbo@smm.cn

Yinghe Technology announced plans to acquire a 100% stake in Aonhua (Shanghai) Automation Engineering Co., Ltd. for Yuan 204 million. Upon completion, Aonhua Automation will become a wholly owned subsidiary of the company. Yinghe stated that the acquisition will strengthen its downstream integration capabilities and enable full-process equipment coverage from electrode manufacturing to module and PACK assembly, enhancing its one-stop lithium battery production line solutions.

As the mid-year period approaches, manufacturers are generally reluctant to build additional inventories and are instead consuming existing raw material stocks.

This week, second-life battery market prices remained flat. Cost side, lithium carbonate prices saw a notable decline, cobalt sulphate extended its weakness with persistent declines, and nickel sulphate prices were basically flat. Meanwhile, new battery cell prices were generally stable; ternary new battery cell prices remained stable, while LFP energy storage new battery cell prices edged up. Correspondingly, downgraded A- and B-grade battery cells, anchored by new cell prices, also stabilized. Dismantled battery cells, supported by previous high procurement costs and rigid dismantling costs, had entered a phase of stability; coupled with limited circulation of qualified low-priced supply, prices had little upside and downside room.

The Guangzhou Futures Exchange (GFEX) announced that overseas investors will be officially allowed to participate in lithium carbonate futures and options trading starting July 3. Eligible overseas clients can now apply for trading codes through authorized brokers and overseas intermediaries. The move marks a further step in the internationalization of China's lithium carbonate futures market and is expected to enhance China's pricing influence in the global new energy materials sector.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Integrated Capacity Gap Supports Artificial Graphite Strength, Weak Demand and Cost Floor Keep Natural Graphite Stable] June 18 News: This week, artificial graphite anode material prices remained stable. Cost and profit side, the cost pressure caused by earlier price increases in raw materials and outsourced processing has gradually eased.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Tolling Demand Continues to Surge; Graphitisation Processing Fees Rise Steadily] June 18 News: This week, China’s graphitisation tolling prices edged up slightly. Demand side, first- and second-tier anode producers’ own integrated capacity is in short supply.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Anode Raw Material Coke's Rigid Demand Dominates the Market, Price Lacks Significant Upside Momentum] June 18 News: This week, China's anode raw material coke market largely maintained a steady trend, with only some...

[SMM Lithium Battery Electrolyte Market Weekly Review: Electrolyte Price Remained Stable This Week (2026.6.15-6.18)] From June 15 to June 18, 2026, the electrolyte price remained stable. The future price trend of the electrolyte market still requires continuous tracking of raw material price fluctuations and their transmission.