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[SMM Weekly Review: Raw Material Prices Mixed, Anode Material Prices Stable]

SMM News April 25th: This week, anode material prices remained stable. In terms of costs, some refineries of Sinopec and China National Offshore Oil Corporation lowered their prices for low-sulfur petroleum coke.

【SMM Weekly Review: Market Slowly Recovers After Holiday, Anode Materials Remain Stable】

【SMM Weekly Review: Market Slowly Recovers After Holiday, Anode Materials Remain Stable】SMM News on February 23: Anode material prices remained weak this week. On the cost side, petroleum coke prices were stable during the Spring Festival holiday with normal production and shipments based on orders. With insufficient downstream support after the holiday, the rising trend before the holiday has basically stalled, and there are risks of a small decline afterwards. The demand for oil-based needle coke.

【SMM Analysis: Review of Anode Industry Chain Market During 2024 Spring Festival Holiday and Outlook After the Holiday】

SMM News on February 22: During the Spring Festival holiday, many downstream battery companies had holiday arrangements and the demand for anodes was weak with less procurement. In addition, factors like logistics suspensions affected the market, and there was very limited trading of anode materials during the holiday.

SK On Secures Vital Battery Material: A Strategic Agreement with Westwater Resources for Sustainable Energy Growth in North America

South Korean battery company SK On secures a vital supply agreement with US firm Westwater Resources for battery-grade natural graphite, enhancing its North American supply chain and complying with US legislation.

[SMM Analysis: Review of 2024 Spring Festival lithium-ion industry chain market and outlook after the holiday]

[SMM Analysis: Review of 2024 Spring Festival lithium-ion industry chain market and outlook after the holiday] According to SMM's data on February 17, affected by the continued losses in lithium salt companies purchasing overseas lithium ore and suspending/reducing production, as well as the seasonal maintenance of some lithium salt companies, it is preliminarily estimated that China's lithium carbonate output in February will decline by about 23% month-on-month to around 32,000 mt. Most of the salt plants under maintenance will gradually resume production around Lantern Festival, but most of the small and medium-sized lithium salt companies suspending production due to overseas lithium ore purchases will resume production based on market conditions, which may mean that China's lithium carbonate output will face a short supply gap in late February.

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