In August 2025, prebaked anode export orders increased significantly, overseas demand remained strong, and growth momentum for 2026 was clear [SMM Analysis]

Published: Sep 30, 2025 09:03

Save

Based on the August 2025 prebaked anode export data, export volume showed growth compared to the previous month. Specifically, orders to Malaysia, Spain, Saudi Arabia, and Russia saw significant increases, each rising by more than 8,600 mt, with a total increase exceeding 55,000 mt. However, orders to the UAE and Iceland experienced substantial declines, each decreasing by more than 10,000 mt. Price-wise, prebaked anode export prices dipped slightly in August, but supported by raw material costs, prices increased in September, with export order price rises concentrated in the range of $10-25/mt. Currently, prebaked anode export orders are performing well overall. According to SMM, total export volume is expected to grow in 2026, with market demand in South and Southeast Asia becoming the primary source of growth, indicating clear regional market potential.

SMM September 30:

According to customs data, China's prebaked anode exports in August 2025 totaled 208,500 mt, down 17.81% YoY but up 31.07% MoM. A rough calculation shows the average export price of prebaked anode in August 2025 was approximately $765.9/mt, up 15.98% YoY but down 7.26% MoM. China's cumulative prebaked anode export volume for 2025 reached 1.4382 million mt, up 3.07% YoY.

From the perspective of domestic export regions, prebaked anode exports in 2025 were concentrated in Shandong, Hunan, and Jiangsu. Shandong's cumulative exports totaled 1.0989 million mt, accounting for 77% of the total and ranking first; followed by Jiangsu with cumulative exports of 119,500 mt, accounting for 8%; and Hunan with cumulative exports of 111,700 mt, also accounting for 8%.

In terms of export destinations, the main countries for China's prebaked anode exports in 2025 were Malaysia, Canada, and Norway, together accounting for about 48% of total exports. Exports to Malaysia totaled 313,200 mt, representing 22% of the total, down 17.73% YoY; exports to Canada were approximately 198,700 mt, accounting for 14% of total exports, up 12.37% YoY; and exports to Norway were approximately 174,400 mt, accounting for 12% of total exports, up 6.16% YoY.

Based on the August 2025 prebaked anode export data, export volume showed growth compared to the previous month. Specifically, orders to Malaysia, Spain, Saudi Arabia, and Russia saw significant increases, each rising by more than 8,600 mt, with a total increase exceeding 55,000 mt. However, orders to the UAE and Iceland experienced substantial declines, each decreasing by more than 10,000 mt. Price-wise, prebaked anode export prices dipped slightly in August, but supported by raw material costs, prices increased in September, with export order price rises concentrated in the range of $10-25/mt. Currently, prebaked anode export orders are performing well overall. According to SMM, total export volume is expected to grow in 2026, with market demand in South and Southeast Asia becoming the primary source of growth, indicating clear regional market potential.

Prebaked Anode

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

Vietnam Seeks Fuel Support as Diesel, Petrol Prices Surge Amid Global Oil Crisis

[SMM Aluminum Express News] Diesel prices in Vietnam have surged over 105% since late February, rising from 19,270 dong to 39,660 dong (US$1.50) per litre, while 95-octane petrol climbed nearly 68% to 33,840 dong following the outbreak of conflict involving the United States, Israel, and Iran. Soaring global oil prices have triggered supply concerns, prompting Vietnam to seek fuel support from Qatar, Kuwait, Algeria, and Japan, while also signing a new oil and gas cooperation deal with Russia.

5 hours ago

6 hours ago

Geopolitical Disruptions and a Stronger Dollar Combined to Keep Aluminum Prices Volatile Under Pressure [SMM Aluminum Morning Meeting Summary]

[Geopolitical Disruptions Coupled With a Stronger US Dollar Put Aluminum Prices Under Pressure and Cause Volatility] Continued destocking in LME inventory provided bottom support for LME aluminum, but amid tightening capital liquidity and profit-taking by bulls, upward momentum was insufficient, and the backwardation structure weakened somewhat. China’s social inventory rose to a high for the same period in nearly five years, and the inventory buildup cycle has yet to end, with high inventory and weak spot fundamentals jointly suppressing upward momentum. The divergence between domestic and overseas drivers continued, the SHFE/LME price ratio kept weakening, and prices were mainly under pressure in the short term.

6 hours ago

Futures Rebound Drove Quote Increases, While Weak Transactions Capped Gains [SMM Cast Aluminum Alloy Morning Comment]

[SMM Cast Aluminum Alloy Morning Comment: Futures Rebound Drove Quotation Increases, While Weak Transactions Capped Gains] Spot side, yesterday the secondary aluminum alloy market was lifted by the futures rebound, with quotations edging up and mainstream gains at 100 yuan/mt. Some enterprises raised prices in line with the trend to recover earlier losses, and market sentiment improved slightly from the previous period. However, transactions remained weak, with downstream buyers mainly purchasing as needed and showing limited acceptance of high prices, constraining upside room for prices. In the short term, ADC12 prices are expected to fluctuate rangebound, and further gains will still require substantive improvement on the demand side.

6 hours ago