【Anode Material Market】Slight Improvement 

in Trading Atmosphere, Prices Stable

1.Market Focus This Week

1) Production: Post-holiday, the production of anode materials is gradually recovering, with leading companies operating at relatively high levels.

2）Demand: Slight improvement in the production planning of downstream battery factories, leading to a slow recovery in demand for anode materials. 

2.Weekly Market Analysis

This week, the market price for synthetic graphite remained stable, with high-end power types priced between 35,000-65,000/ton, high-end digital types between 50,000-70,000/ton, mid-range products between 23,000-38,000/ton, and low-end products between 15,000-22,000/ton.

3.Analysis of Raw Material Market Influencing Factors

1）Petroleum Coke: The average price of low-sulfur petroleum coke increased slightly by 10 RMB/ton this week.Graphitized petroleum coke product specifications for reference. In terms of mainstream, Sinopec's refineries maintained stability during the transition, with good shipments and volume-based order execution; CNOOC's low-sulfur coke was generally stable, with some refineries actively trading and coke prices increasing by 50 RMB/ton; PetroChina's refineries focused on order contract execution, with Liaohua Petrochemical's new auction round seeing rising transaction prices.

2）Needle Coke: This week saw increased inquiries for raw coke, with new orders being actively negotiated, and the market for calcined coke remained generally stable. Prices of some needle coke manufacturers were adjusted upwards by 100-200 RMB/ton. The mainstream price for calcined needle coke is between 6,500-7,800 RMB/ton, and for raw coke, it is between 4,800-5,300 RMB/ton.

4.Market Forecast for Next Week

The slow growth in purchasing demand from downstream battery factories leads to a slight improvement in the trading atmosphere. It is expected that next week, the anode material market will remain stable. Follow us for information on the negative electrode material industry chain.