SMM May 14:
This week, China's needle coke and low-sulphur petroleum coke markets operated steadily overall, with futures prices holding stable. Against the backdrop of post-holiday market trading returning to normal and Brent crude oil prices continuing to rise, the strong market conditions continued to provide solid cost support for anode raw material coke, underpinning overall coke price stabilization. Market outlook: going forward, the focus will be on tracking the pace of international crude oil price fluctuations and the strength of downstream industry demand release. If international oil prices stay high, coupled with sustained improvement in downstream demand, anode raw material coke prices are expected to maintain their elevated and firm trend in the short term.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Zhang Haohan 021-51666752
Wang Zihan 021-51666914
Wang Jie 021-51595902
Xu Yang 021-51666760
Xu Mengqi 021-20707868
Hu Xuejie 021-20707858



