Chile’s National Energy Commission has approved the preliminary terms for the 2026/01 national and international power supply tender, with a total volume of 2,835GWh per year under 15-year contracts. Although the tender is technology-neutral, it restricts eligible backup sources by excluding coal, petroleum coke, diesel and No. 6 fuel oil as primary fuels, while allowing storage systems to support contracted supply. The tender is divided into time-of-day blocks, with the daytime band aligned with peak solar generation accounting for the largest share, while the evening peak creates additional opportunities for solar-plus-storage projects.

[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.

Over the next 1-2 weeks, the domestic petroleum coke market is expected to mainly edge lower amid stability. Low-sulphur petroleum coke prices will face relatively greater downward pressure, while mid and high-sulphur petroleum coke may see limited declines due to rigid demand support from the prebaked anode industry. The overall market will remain in the doldrums.

[SMM Lithium Battery Anode Raw Material Market Weekly Review: Weak Supply and Demand Combined with Easing Costs Led to Anode Raw Material Coke Price Pullback] June 4: Prices of low-sulphur petroleum coke and oil-based green needle coke in China fluctuated downward this week.

【SMM Aluminum Brief】According to the latest SMM data, the Shandong 2# petroleum coke spot price index was recorded at RMB 4,203.64/mt, up 0.52% from last Thursday; the Shandong 3# petroleum coke spot price index stood at RMB 3,752.45/mt, up 0.87%; and the Shandong 4# petroleum coke spot price index reached RMB 2,000.6/mt, up 4.02%.

【SMM Aluminum Brief】Trading activity in China’s petroleum coke market improved this week compared with the previous period. Increased refinery maintenance and output declines at some producers led to a noticeable reduction in supply, providing support for petroleum coke prices and helping the market stabilize after earlier declines. However, performance varied across different grades. Low-sulfur coke prices fell sharply due to weak downstream demand, while medium- and high-sulfur coke prices remained relatively firm on tighter supply and stable rigid demand.