Peak season stockpiling and destocking advance, coke price center steadily rises [SMM lithium battery anode raw material market weekly review]

Published: Sep 3, 2026 15:26

Save

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Peak Season Stockpiling and Destocking Advance, Coke Price Center Steadily Rises] September 3: This week, China's coke raw material prices for anode materials rose overall.

SMM, September 3:

This week, prices of coke-based raw materials used in anode materials in China rose overall. Among them, the industry average price of oil-based green needle coke was raised by 50 yuan/mt to 7,500 yuan/mt, breaking a sideways stalemate that had lasted nearly a month; the industry average price of low-sulphur petroleum coke edged up to 4,755.5 yuan/mt. This week's market movement was driven mainly by improving supply-demand conditions and cost support. Rigid demand in the carbon used in aluminum production sector remained stable, while anode materials entered the traditional September peak season stockpiling window. Downstream production schedules continued to climb, and the destocking process advanced steadily, providing positive feedback to upstream coke prices. Looking ahead, with anode material production schedules staying high during the peak season and cost-side support remaining relatively strong, prices of coke raw materials for anode production are expected to be more likely to rise than fall overall.

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.

For any inquiries or for 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

12 hours ago

[SMM Energy Storage Battery Cell Market Weekly Review 9.3] Tight copper foil supply constrains September production schedules, energy storage battery cell prices remain firm

[SMM Analysis] Affected by tight copper foil supply and slower-than-expected capacity ramp-up for large-capacity battery cells, China and global energy storage battery cell production growth in September is expected to slow to 4.09% and 4.25% MoM, respectively, but this does not indicate weakening end-use demand. Supply-demand conditions for energy storage battery cells remain tight, with 314Ah battery cell prices holding steady. Shipments are expected to rise steadily going forward, with prices continuing their stable-to-higher trend.

12 hours ago

CATL Chairman: China's NEV Sales Surpass 7.4M in H1, Emphasizes Precision in Battery Production

CATL Chairman Zeng Yuqun, in a video address to the 2026 World Power Battery Conference, said that in H1 this year, China's NEV sales exceeded 7.4 million units, with over 600 new models launched, averaging nearly three per day. Everyone is competing on speed, specifications, and price, and development cycles are getting shorter. He noted that power batteries require extremely high precision and have very low tolerance for error. In mass production, all small issues are magnified many times over, so every process and every parameter must be strictly controlled from the design stage, anomalies must be identified in advance, and there must be zero tolerance for quality problems.

12 hours ago

13 hours ago

Lithium Carbonate Market Weekly Review: 8.31-9.3 spot lithium carbonate prices rose first then fell, overall downward trend [SMM Weekly Review]

13 hours ago