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

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[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.

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