Prebaked Anode Market Strengthens Amid Rising Costs and Aluminum Smelter Demand

Published: Apr 3, 2025 17:37

Save

The petroleum coke and coal tar pitch markets improved during the week, strengthening the support for prebaked anode raw materials. According to SMM data, as of April 3, the cost of prebaked anode in China was approximately 5,426 yuan/mt, up 1.08% WoW. The price of prebaked anode for April was finalized, with the tender price of a large aluminum smelter in Shandong increasing by 139 yuan/mt MoM, and the pricing of a major sales company rising by 173 yuan/mt MoM. Although the price increase alleviated corporate profitability, the situation remains challenging. Currently, the operating rate of aluminum smelters is steadily rising, effectively boosting the demand for prebaked anodes and maintaining the overall operating rate of the prebaked anode industry at a high level.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 mins ago

Lower Costs Coupled With Weaker-Than-Expected Demand Push Secondary Aluminum Prices Down[SMM Analysis]

[SMM Analysis]Lower Costs Coupled With Weaker-Than-Expected Demand Push Secondary Aluminum Prices Down

17 mins ago

48 mins ago

SHFE Cast Aluminum Alloy Warrants Drop by 1,390 mt to 39,035 mt on March 26

[SMM Flash News] SHFE data showed that as of March 26, the total registered volume of cast aluminum alloy warrants was 39,035 mt, down 1,390 mt from the previous trading day. By region, the total registered volume was 2,424 mt in Shanghai, down 211 mt from the previous trading day; 16,200 mt in Guangdong, down 486 mt; 3,398 mt in Jiangsu, down 210 mt; 12,142 mt in Zhejiang, down 423 mt; 3,634 mt in Chongqing, down 30 mt; and 1,237 mt in Sichuan, down 30 mt.

48 mins ago

54 mins ago

The Q2 2026 MJP premium was $351.5/mt

SMM, March 26: Japan's Q2 2026 aluminum premium (QMJP) was set at $350-353/mt, with an average of $351.5/mt, up 80.27% from Q1.

54 mins ago