This week, low-sulphur petroleum coke continued its upward trend, while needle coke remained in a stalemate [SMM Lithium Battery Anode Raw Material Market Weekly Review]

SMM, September 10:

This week, the industry average price of oil-based green needle coke held at 7,500 yuan/mt; the industry average price of low-sulphur petroleum coke edged up to 4,766 yuan/mt. For low-sulphur petroleum coke, anode materials entered the traditional September peak season stockpiling window, with production schedules continuing to climb and destocking progressing steadily, driving low-sulphur petroleum coke prices to extend their upward trend. For oil-based green needle coke, the supply-demand pattern remained stable, costs fluctuated at highs, and prices were locked in a stalemate. Looking ahead, with anode material peak-season production schedules staying high and cost support remaining strong, raw material coke prices for anodes 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