Prebaked Anode Supply to Potentially Face Shortage in Winter Heating Season, SMM Expects

Published: Sep 1, 2017 15:45

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SMM sees a good chance for prebaked anode supply to be in shortfall in winter heating season.

SHANGHAI, Sept. 1 (SMM) – SMM sees a good chance for prebaked anode supply to be in shortfall in winter heating season.

Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

Calcined coke prices keep rising as environmental checks have left the raw material in shortage. This has sent ripple effects to prebaked anode prices.

China Aluminum Stocks Refresh Nearly 10-Year High, SMM Says

Weiqiao Group is still negotiating with prebaked anode suppliers over prices for delivery in September. The price will probably be set at 420 yuan/tonne, much higher than 200 yuan/tonne market had previously expected.

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Prebaked Anode supply Prebaked Anode prices

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.

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