[SMM Lithium Battery Anode Raw Material Market Weekly Review: Anode Raw Material Coke Market Ran Steadily, Cost Support Stabilized] May 14: This week, China's needle coke and low-sulphur petroleum coke markets operated steadily overall, with futures prices holding stable.

Recently, China’s manganese-based battery materials market has shown an overall pattern of cost-driven dynamics, product differentiation, and gradually recovering demand. Manganese sulphate and Mn3O4 were supported by rising upstream raw material costs and freight rates, with prices trending upward; MnO2 remained stable; LMO held steady amid fluctuations in lithium carbonate, awaiting a recovery in demand in April.