Cost Support Combined with Improving Demand, Raw Material Coke Prices Expected to Remain Strong [SMM Lithium Battery Anode Raw Material Weekly Review]

Published: Jul 23, 2026 17:39

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[SMM Lithium Battery Anode Raw Material Market Weekly Review: Cost Support Combined with Improving Demand, Raw Coke Prices Maintain Strong Expectations] July 23 news: This week, China's anode material raw coke prices continued their upward trend.

SMM July 23 News:

This week, the price of raw material coke for anode materials in China continued its upward trend. The upstream cost side kept rising, providing strong support for coke prices. From the supply-demand perspective, the overall supply side remained stable, while downstream enterprises showed active purchase willingness, coke plant shipments were favorable, and the market trading atmosphere was warm. Looking ahead, as downstream order expectations continue to climb, cost-side support has further strengthened, and it is expected that raw material coke prices will remain more likely to rise than fall in the short term.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lu Yanlin 021-20707875

Zhang Haohan 021-51666752

Wang Zihan 021-51666914

Wang Jie 021-51595902

Chen Bolin 021-51666836

Xu Yang 021-51666760

Xu Mengqi 021-20707868

Hu Xuejie 021-20707858

Yang Le 021-51595898

Wang Zhaoyu 021-51666827

Li Yisha 021-51666730

Huang Chencong 021-51595860

Lin Ziya 021-5166-6902

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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