Weekly Lithium Battery Anode Materials Price Review And Forecast

SHANGHAI, Jun 5 (SMM) –Anode material prices continued to fall last week. Raw materials: Daqing Petrochemical and Fushun Petrochemical raised low-sulphur petroleum coke offers by 200 yuan/mt to 4,200 yuan/mt, while Jinxi Petrochemical lowered prices to 3,200 yuan/mt. The decline in needle coke prices has slowed down significantly thanks to cost support and downstream restocking. Graphitisation: Recently, quotations have been raised due to accidents in some areas that tightened supply and improved orders from downstream companies. Most graphitisation plants were closed earlier due to poor orders and low prices. Improving demand drove up operating rates of anode material producers.