Anode Raw Material Coke Rigid Demand Dominates Market, Prices Lack Significant Upward Momentum [SMM Lithium Battery Anode Raw Material Market Weekly Review]

Published: Jun 18, 2026 16:48

Save

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Anode Raw Material Coke's Rigid Demand Dominates the Market, Price Lacks Significant Upside Momentum] June 18 News: This week, China's anode raw material coke market largely maintained a steady trend, with only some...

SMM, June 18:

This week, China’s raw material coke market for anodes largely maintained stable operation, with only some coke plants that previously quoted lower prices slightly raising their ex-factory quotes based on profitability restoration considerations. Demand side, downstream anode material enterprises adopted a cautious procurement pace, mostly using a rigid restocking approach, with weak willingness to proactively stockpile in bulk, leading to insufficient incremental procurement demand in the market. Supply side, some enterprises that underwent maintenance completed their maintenance, gradually releasing effective supply. Overall, the current raw material coke price lacks a strong foundation for an upward drive. Looking ahead, as production resumptions from maintenance capacities continue to come online, the industry’s supply-side incremental expectations are expected to gradually materialize, and the likelihood of a sharp surge in raw material coke prices in the short term is low. Going forward, it will be important to focus on cost-side fluctuations and continuously monitor marginal changes in the upstream and downstream supply-demand pattern.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu 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

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

10 hours ago

CATL's Jianxiawo Lithium Mine Project Obtains Land Use Pre-Approval

According to the Jiangxi Provincial Department of Natural Resources, Yichun Times New Energy Mining Co., Ltd. has obtained the "Project Land Use Pre-Approval and Site Selection Opinion" for the Jianxiawo lithium mining project located in Yifeng and Fengxin counties, Jiangxi Province. The approval took effect on June 17, 2026, and will remain valid until June 17, 2029.

10 hours ago

23 hours ago

Dynanonic plans to add 200,000 tpy phosphate material capacity

Dynanonic announced a proposed private placement to raise up to RMB 2.9 billion. Proceeds will mainly be used for its Phase I integrated lithium battery materials project, which is expected to add 200,000 tonnes per year of high-density phosphate material capacity.

23 hours ago

Jun 18, 2026 18:04

[SMM Weekly Review] The hydrometallurgy recycling market this week: ternary and pure cobalt payables were slightly lowered, and market transactions were sluggish (Jun. 14-18, 2026).

Raw material side, this week lithium carbonate and nickel sulphate prices fluctuated, while cobalt sulphate prices continued to decline.

Jun 18, 2026 18:04