Low-Sulphur Petroleum Coke Eases Locally, Green Needle Coke Resilience Persists, Expectations of a Strong Market Outlook Continue [SMM Lithium Battery Anode Raw Material Market Weekly Review]

SMM August 27 News:

This week, China’s low-sulphur petroleum coke prices remained largely stable, with a few refiners slightly lowering their quotes; oil-based green needle coke continued to be steady, with prices flat at 7,450 yuan/mt. For low-sulphur petroleum coke, the pace of shipments pulled back slightly, weakening support for its prices; meanwhile, the green needle coke market saw a basic supply-demand balance with no notable fluctuations. Looking ahead, as downstream anode material enterprises' production schedules are expected to increase, the willingness to restock raw materials is expected to recover. In the short term, both low-sulphur petroleum coke and green needle coke prices are expected to consolidate on a strong note.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lv 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