[Low-sulphur Petroleum Coke Prices Continue to Rise] This week, the price of low-sulphur petroleum coke continued to rebound, with an average market price of 3,581 yuan/mt, up 0.9% MoM. Cost side, affected by unstable factors such as geopolitics, the prices of upstream raw materials showed a slight increase, providing strong support for the market price of low-sulphur petroleum coke. Supply and demand side, as the inventory of raw materials in prebaked anode and negative electrode material enterprises continued to be depleted, procurement demand gradually recovered, effectively improving the market's supply surplus situation. These factors collectively drove the steady increase in low-sulphur petroleum coke prices this week. Looking ahead, it is expected that downstream demand will remain stable in the subsequent period, and the demand for low-sulphur petroleum coke from negative electrode material enterprises will also maintain a steady trend. Therefore, it is anticipated that low-sulphur petroleum coke prices will continue to rise in the short term.