Weak Demand Dominated Weekly Coke Price Trend, Production Resumptions and Supply Increase Put Future Market under Pressure [SMM Lithium Battery Anode Raw Material Market Weekly Review]

Published: Jun 11, 2026 17:08

Save

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Demand Weakness Dominated This Week's Coke Price Trends, Production Resumptions and Supply Increase Pressured Subsequent Market Outlook] June 11 – This week, the quoted prices of China's low-sulphur petroleum coke fell, while oil-based needle raw coke prices moved sideways.

SMM, June 11:

This week, prices for low-sulphur petroleum coke in China trended lower, while spot prices for oil-based needle green coke moved sideways. On the demand side, downstream enterprises’ buying sentiment was sluggish, leaving spot cargo sales under pressure; on the supply side, enterprises undergoing maintenance remained in their maintenance cycles, with no significant fluctuations WoW. Overall, dragged by weak demand, anode raw material coke prices lacked upward momentum in the short term. Looking ahead, with production capacity gradually resuming from maintenance and supply expected to increase, coke prices are unlikely to see significant upside room in the near term. Future developments require continuous tracking of cost fluctuations and supply-demand marginal changes.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu Yanlin 021-20707875

Zhou Zhicheng 021-51666711

Zhang Haohan 021-51666752

Wang Zihan 021-51666914

Wang Jie 021-51595902

Xu Yang 021-51666760

Xu Mengqi 021-20707868

Hu Xuejie 021-20707858

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 for 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

17 hours ago

[SMM Analysis] DRC Cobalt Exports Surge, Shifting Near-Term Bargaining Power to Buyers

The Democratic Republic of the Congo's cobalt exports are gradually recovering, according to the country's mining report for the first half of 2026. The concentrated release of material should ease China's cobalt feedstock shortage and shift bargaining power toward buyers. With cobalt salt demand weak and smelter margins under pressure, additional arrivals will make it harder for sellers to hold firm, and price concessions will be needed to unlock transactions.

17 hours ago

18 hours ago

[SMM Analysis] August Korea ESS Market Review: Greater Demand Visibility as Grid Policies Take Shape

Korea’s ESS market moved closer to actual procurement expansion in August as policy support for renewable integration and grid stability became more concrete. Attention focused on the next ESS centralized contract market, distribution-grid projects, and stronger non-price criteria such as safety and supply capability. Actual demand growth will depend on final tender volumes, project execution and battery shipments.

18 hours ago

19 hours ago

China Aims to Become Global Automotive Power by 2030 with NEV and Autonomous Tech Push

[MIIT and eight other departments: China to join ranks of world's automotive powers by 2030] The Ministry of Industry and Information Technology (MIIT) and eight other departments have issued the 15th Five-Year Plan for the Development of the Intelligent Connected NEV Industry. The plan proposes that by 2030, China's advantages across the entire intelligent connected NEV industry chain will be further consolidated, enabling the country to join the ranks of the world's automotive powers. In the Chinese market, passenger NEVs and commercial NEVs are expected to account for 70% and 40% of total new vehicle sales in their respective segments, and vehicles with autonomous driving functions will achieve large-scale application.

19 hours ago