Summary: Following extensive market consultation, SMM plans to launch optimized Lithium Iron Phosphate (LFP) cathode material price points on April 20, 2026: "Powder Compacted Density ≥ 2.60 g/cm³, Powder Compacted Density ≥ 2.55 g/cm³, Powder Compacted Density ≥ 2.50 g/cm³, Powder Compacted Density ≥ 2.40 g/cm³, Powder Compacted Density ≥ 2.30 g/cm³".
Dear Users,
With the quick development of the new energy lithium battery industry, enterprises are paying increasing attention to the prices of LFP cathode materials with different powder compaction densities. To adapt to market demand, provide more comprehensive and diverse spot price information to the market, and offer enterprises more options for settlement reference standards, SMM, after extensive preliminary market communication, plans to launch the optimised LFP material price points on April 20, 2026:
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Powder Compacted Density ≥ 2.60 g/cm³;
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Powder Compacted Density ≥ 2.55 g/cm³;
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Powder Compacted Density ≥ 2.50 g/cm³;
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Powder Compacted Density ≥ 2.40 g/cm³;
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Powder Compacted Density ≥ 2.30 g/cm³.
To solicit genuine market opinions on the modifications to the LFP material price points, we welcome participation from upstream and downstream enterprises. Please write down your suggestions and feedback, preferably sent via email to the following addresses: chenbolin@smm.cn; fengdisheng@smm.cn. Please also indicate whether your reply can be made public. Comments requiring confidentiality may be used as reference but will not be attributed. This consultation project begins on March 16, 2026, and will end on March 31, 2026.
Introduction to the New Version of SMM LFP Cathode Material Related Prices:
After extensive communication with upstream and downstream enterprises in the industry over a long period, SMM has comprehensively considered the market's gradually increasing demand for price references for LFP cathode materials with different powder compaction densities. Pricing is shifting from terminal application scenarios (power, energy storage), cycle life, and other technical indicators to focus primarily on powder compaction. To this end, SMM will adjust the specific specifications as follows:
Adjustment 1: Add the "Powder Compacted Density ≥ 2.60 g/cm³" price.
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New Price Point Name and Definition: Powder Compacted Density ≥ 2.60 g/cm³. 0.1C discharge specific capacity ≥ 156 mAh/g, powder compacted density ≥ 2.60 g/cm³ (±0.02) (under 3-ton press conditions).
Adjustment 2: Modify the name "LFP (EV Type, Powder Compacted Density ≥ 2.55 g/cm³)" and change its definition.
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Original Price Point Name and Definition: LFP (EV Type, Powder Compacted Density ≥ 2.55 g/cm³). 0.1C discharge specific capacity ≥ 156 mAh/g, powder compacted density ≥ 2.55 g/cm³, achievable cycle life of 3000-4000 cycles at 80% capacity retention.
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Adjusted Price Point Name and Definition: Powder Compacted Density ≥ 2.55 g/cm³. 0.1C discharge specific capacity ≥ 156 mAh/g, powder compacted density ≥ 2.55 g/cm³ (±0.02) (under 3-ton press conditions).
Adjustment 3: Modify the name "LFP (EV Type, Powder Compacted Density ≥ 2.50 g/cm³)" and change its definition.
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Original Price Point Name and Definition: LFP (EV Type, Powder Compacted Density ≥ 2.50 g/cm³). 0.1C discharge specific capacity ≥ 155 mAh/g, Powder Compacted Density ≥ 2.50 g/cm³, achievable cycle life of at least 3000 cycles at 80% capacity retention.
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Adjusted Price Point Name and Definition: Powder Compacted Density ≥ 2.50 g/cm³. 0.1C discharge specific capacity ≥ 155 mAh/g, powder compacted density ≥ 2.50 g/cm³ (±0.02) (under 3-ton press conditions).
Adjustment 4: Modify the name "LFP (EV Type, Powder Compacted Density ≥ 2.40 g/cm³)" and change its definition.
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Original Price Point Name and Definition: LFP (EV Type, Powder Compacted Density ≥ 2.40 g/cm³). 0.1C discharge specific capacity ≥ 155 mAh/g, powder compacted density ≥ 2.40 g/cm³ (±0.02) (under 3-ton press conditions), achievable cycle life of 3000-4000 cycles at 80% capacity retention.
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Adjusted Price Point Name and Definition: Powder Compacted Density ≥ 2.40 g/cm³. 0.1C discharge specific capacity ≥ 154 mAh/g, powder compacted density ≥ 2.40 g/cm³ (±0.02) (under 3-ton press conditions).
Adjustment 5: Merge the price of "LFP (ESS Type, Powder Compacted Density ≥ 2.50 g/cm³)" with the "Powder Compacted Density ≥ 2.50 g/cm³" .
Adjustment 6: Merge the price of "LFP (ESS Type, Powder Compacted Density ≥ 2.40 g/cm³)" with the "Powder Compacted Density ≥ 2.40 g/cm³" .
Adjustment 7: Modify the name "LFP (ESS Type, Powder Compacted Density ≥ 2.30 g/cm³)" and change its definition.
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Original Price Point Name and Definition: ESS Type, Powder Compacted Density ≥ 2.30 g/cm³. 0.1C discharge specific capacity ≥ 155 mAh/g, powder compacted density ≥ 2.30 g/cm³, achievable cycle life of 7000-8000 cycles at 80% capacity retention.
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Adjusted Price Point Name and Definition: Powder Compacted Density ≥ 2.30 g/cm³. 0.1C discharge specific capacity ≥ 154 mAh/g, powder compacted density ≥ 2.30 g/cm³ (±0.02) (under 3-ton press conditions).
All relevant updates mentioned above are summarised in the table below:
(Note: The original text mentions a table. In a practical email, this would be where the summary table is inserted, likely detailing old vs. new names and definitions.)
We welcome more relevant enterprises from the upstream and downstream industry chain to participate and support SMM in better serving the new energy industry chain companies. If you have any questions, please feel free to provide feedback to: Chen Bolin: 021-51666836, chenbolin@smm.cn or Feng Disheng: 021-51666714, fengdisheng@smm.cn.
SMM
New Energy Industry Research Department
March 16, 2026