SMM Weekly: Petroleum Coke Prices Rise, Driving Slight Increase in Prebaked Anode Costs Next Month

Published: Nov 28, 2024 18:43

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[SMM Weekly Review on Aluminum Auxiliary Materials: Petroleum Coke Prices Steadily Rising, Prebaked Anode Prices to Increase Slightly Next Month Due to Raw Material Support] This week, the cost support for prebaked anodes was further strengthened. According to SMM's calculations, as of November 28, the cost of prebaked anodes in China was approximately 4,033 yuan/mt, compared to last Thursday, an increase of 1.13%. As the month is about to end, based on the performance of the raw material market in the previous cycle, SMM estimates that the price of prebaked anodes will increase slightly next month.

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