[Low-sulphur Petroleum Coke Prices Recover] This week, the low-sulphur petroleum coke market operated steadily, with an average market price of 3,550 yuan/mt, up 0.6% MoM. Cost side, prices of upstream raw materials remained relatively stable, providing strong support for the market price of low-sulphur petroleum coke. On the supply and demand side, as the inventory of raw materials previously stockpiled by prebaked anode and anode material enterprises was gradually consumed, downstream demand was effectively boosted. The previous supply surplus situation improved significantly, leading to a successful stop in the price decline and a rebound in low-sulphur petroleum coke prices this week. Looking ahead, it is expected that downstream demand will continue to operate steadily in the subsequent period. The operating rate of the anode material industry is expected to remain stable, and the demand for low-sulphur petroleum coke from anode material enterprises will also maintain a steady trend. Therefore, the price of low-sulphur petroleum coke may continue to refuse to budge on prices in the subsequent period.