SHANGHAI, Jun 13 (SMM) –Anode material prices continued to fall last week. On the raw material side, the prices of low-sulphur petroleum coke and needle coke were temporarily stable thanks to slightly improving demand. In terms of graphitisation, supply remained in a surplus. Some graphitisation plants raise quotations due to expectations of power rationing in some regions, but transaction prices failed to rise. Demand from NEV and energy storage sectors has picked up recently, but new orders were mostly received by top-tier anode material manufacturers. Market competition intensified amid overcapacity, threatening to further hurt anode material manufacturers’ profit margins.
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