Weekly review and forecast of Anode materials

SHANGHAI, Jun 20 (SMM) -Anode material prices dropped slightly last week. Raw material: Daqing Petrochemical and Fushun Petrochemical raised petroleum coke offers slightly due to maintenance. The needle coke prices were generally stable. The recent shipment of needle coke was only slightly improved, as there was still some inventory at downstream buyers. Graphitisation: Recently, quotations have been raised due to cost support and the expectation of power rationing in some areas. However, the actual transaction prices have not changed much as the overall production capacity of graphitisation far exceeded the market demand. The power situation in the main production areas still need to be paid attention. Downstream demand may increase slightly from NEV and energy storage. However, the profit margin of anode materials manufacturers may be further narrowed amid the cost reduction of automobile enterprises this year.