Daily Energy Storage Prices: LME, COMEX, and SHFE Live Updates | SMM – Metal Market
Latest Update in the SMM Energy Storage Market
Energy Storage Price Overview
| Price Description | Price Range (USD/w) | Average Change | Date |
|---|---|---|---|
| Centralized PCS (1725 kW) | 0.008 – 0.008 | 0.008 | Feb 14, 2025 |
| Centralized PCS (2500 kW) | 0.008 – 0.009 | 0.008 | Feb 14, 2025 |
| String PCS (215 kW) | 0.009 – 0.012 | 0.011 | Feb 14, 2025 |
Energy Storage Headlines
- Trump’s Tariff Impact on Aluminium Market: On Feb 15, 2025, a new analysis discussed how potential tariffs from Trump could reshape the aluminium market.
- Artificial Graphite Price Point: An article from Feb 10, 2025, explored the implications of a new SMM artificial graphite price point.
- Energy Storage News Highlights:
- Quartz Sand Prices: Recent reports indicate that quartz sand prices have risen while silicon metal prices have remained stable. As of Feb 17, 2025, N-type recharging polysilicon was priced at 39-45 yuan/kg, showing slight increases in transaction prices compared to pre-holiday levels.
- Aluminium Inventory Updates: As of Feb 17, SMM statistics revealed that aluminium ingot inventory reached 818,000 mt, marking a 55,000 mt week-over-week increase, while aluminium billet inventory rose to 307,000 mt, up by 6,600 mt.
- New Energy Grid Power Market Entry: A significant policy change was reported on Feb 17, 2025, allowing new energy power generation to fully enter the market following the cancellation of mandatory ESS integration, thereby altering business models in energy storage.
Industry Updates
- Shandong Humon Smelting Co., Ltd. has initiated an open tender for 4N selenium and 5N high-purity selenium residues as of Feb 17, 2025.
- Shougang Group Changzhi adjusted construction steel prices on February 17, lowering prices for rebar, coiled rebar, and wire rod by 30 yuan/mt.
- SHFE Base Metals Comment: On Feb 17, 2025, LME copper opened at $9,614.5/mt and fluctuated, closing at $9,465/mt, reflecting a slight decline of 0.12%.
Bidding Results Announced: The Ordos Energy Bureau revealed the preferred results for a 4.5 GW PV desertification control project on Feb 11, 2025, with major companies leading the bids.
Adjustments in Steel Scrap Prices: Henan Anyang Iron & Steel updated their steel scrap purchase prices on Feb 17, 2025.
Market Snapshot
- Brent Oil: $74.73 (-0.01%)
- US Dollar Index: 106.6431 (-0.14%)
- Offshore RMB: 7.2492 (-0.12%)
- SMMI: 3,147 (-0.54%)
- Shanghai Interbank Offered Rate: 1.893 (+0.21%)
Upcoming Events
- NET ZERO MEA – Solar & Energy Storage: April 9-10, 2025, Dubai, UAE
- SMM (20th) Lead & Zinc Conference and Industry Expo: April 9-11, 2025, Nanjing, Jiangsu, China
- CLNB 2025 New Energy Industry Chain Expo: April 16-18, 2025, Suzhou, Jiangsu, China
- SMM ASEAN Automotive Supply Chain Conference: June 15-17, 2025, Bangkok, Thailand
For more detailed information, visit the SMM Information & Technology Co., Ltd. website.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/live-updates-on-daily-energy-storage-prices-and-market-trends/
