Prebaked Anode Benchmark Purchase Prices to Plummet in April

SHANGHAI, Mar 27 (SMM) – The benchmark purchase price in March was 5,895 yuan/mt.

Abundant prebaked anode supply will put downward pressure on its prices. Some prebaked anode producers are suffering losses. In view of cost collapse and oversupply pressure, SMM expects that the benchmark purchase prices of prebaked anode will fall 380-420 yuan/mt in April.