Minor Fluctuations in Petroleum Coke, Coal Tar Pitch Markets; Prebaked Anode Costs Decline Slightly Amid Improving Profits

Published: Apr 13, 2025 22:41

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During the week, the raw material markets for petroleum coke and coal tar pitch experienced minor fluctuations, while the support for prebaked anode raw materials remained strong. According to SMM data, as of April 10, the cost of prebaked anode in China was approximately 5,357 yuan/mt, down 1.09% WoW from last Thursday. The price of prebaked anode increased, alleviating corporate profits, though the situation remains challenging. SMM calculations show that the theoretical profit of prebaked anode improved significantly this month, with losses decreasing by about 282 yuan/mt MoM. Although still in the red, the improvement is notable. Currently, downstream demand for prebaked anode is steadily increasing, with stable industry operations and ample overall supply.

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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