Cost Support Coupled with Improving Demand, Raw Material Coke Price More Likely to Rise Than Fall in Short Term [SMM Lithium Battery Anode Raw Material Market Weekly Review]

Published: Jul 16, 2026 17:48

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[SMM Lithium Battery Anode Raw Material Market Weekly Review: Cost Support Combined with Improving Demand Keeps Raw Material Coke Prices More Likely to Rise than Fall in the Short Term] July 16 News: This week, China's anode raw material coke prices continued to rise.

SMM, July 16:

This week, China’s anode raw material coke prices continued their upward trend. The upstream cost side rose repeatedly, supporting the fundamentals of raw material coke; supply-demand side, the supply pattern was relatively stable, downstream procurement sentiment was relatively active, and coke plants were in good condition. Looking ahead, downstream demand expectations are improving and cost support is strong, so it is expected that raw material coke prices will be more likely to rise than fall in the short term.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu Yanlin 021-20707875

Zhang Haohan 021-51666752

Wang Zihan 021-51666914

Wang Jie 021-51595902

Chen Bolin 021-51666836

Xu Yang 021-51666760

Xu Mengqi 021-20707868

Hu Xuejie 021-20707858

Yang Le 021-51595898

Wang Zhaoyu 021-51666827

Li Yisha 021-51666730

Huang Chencong 021-51595860

Lin Ziya 021-5166-6902

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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