【SMM Analysis】Market Recovery in March, Artificial Graphite Exports Increased

Published: Apr 21, 2025 16:52
SMM Analysis: Market Recovery in March, Artificial Graphite Exports Increase. SMM, March 24: In February 2025, China's artificial graphite exports reached 4,607 mt, up 440% MoM, up YoY...

》View SMM Cobalt and Lithium Product Quotes, Data, and Market Analysis

》Order and View SMM Cobalt and Lithium Product Spot Historical Price Trends

SMM April 21 News:

In March 2025,China's artificial graphite imports were 1,021 mt, down 78% MoM and 8% YoY.In terms of import average price, in March 2025,China's artificial graphite import average price was 55,788 yuan/mt, up 211% MoM and down 29% YoY.

Data source: SMM, China Customs

In March 2025,China's artificial graphite exports were 44,437 mt, up 108% MoM and down 18% YoY.In terms of export average price, in March 2025,China's artificial graphite export average price was 10,610 yuan/mt, down 36% MoM and 23% YoY.

Source: SMM, China Customs

In March 2025, although imports pulled back MoM, from a long-term trend perspective, the import scale this month remained within the normal historical fluctuation range, with no abnormal changes observed. On the export side, a significant growth trend emerged. With the end of the Chinese New Year holiday, market demand quickly recovered, and this month's artificial graphite exports surged 108% MoM, demonstrating a strong recovery momentum.


SMM New Energy Research Team

Cong Wang 021-51666838

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yanlin Lyu 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Jie Wang 021-51595902

Yang Xu 021-51666760

Mengqi Xu 021-20707868

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Galan Lithium Announces Completion of Phase 1 Construction at HMW Project]
46 mins ago
[Galan Lithium Announces Completion of Phase 1 Construction at HMW Project]
Read More
[Galan Lithium Announces Completion of Phase 1 Construction at HMW Project]
[Galan Lithium Announces Completion of Phase 1 Construction at HMW Project]
On April 1, Galan Lithium announced that Phase 1 construction of its Hombre Muerto West (HMW) Project has been successfully completed. The project has now fully transitioned to the commissioning and operational readiness phase, with all major process facilities, including the nanofiltration plant, installed and electrical and mechanical testing underway. Supported by substantial brine inventory, first lithium chloride production is expected in 2026. As of April 2026, the project has 10,000 tonnes LCE of brine inventory available for processing. Initial production capacity is 4,000 tonnes LCE per annum, with plans to expand to 5,200 tonnes LCE in the near term.
46 mins ago
BYD Claims Top Spot Globally In Both New Energy Vehicle Sales And Energy Storage System Shipments For 2025
50 mins ago
BYD Claims Top Spot Globally In Both New Energy Vehicle Sales And Energy Storage System Shipments For 2025
Read More
BYD Claims Top Spot Globally In Both New Energy Vehicle Sales And Energy Storage System Shipments For 2025
BYD Claims Top Spot Globally In Both New Energy Vehicle Sales And Energy Storage System Shipments For 2025
On March 28, BYD released its 2025 annual report. According to the report, the company achieved operating revenue of 803.965 billion yuan in 2025, a year-on-year increase of 3.46%; and net profit attributable to shareholders of the listed company of 32.619 billion yuan, a year-on-year decrease of 18.97%. As of the end of the year, its total assets reached 883.730 billion yuan, an increase of 12.81% year-on-year; net assets attributable to shareholders of the listed company stood at 246.274 billion yuan, up 32.94% from the end of the previous year, with its overall asset strength steadily consolidated. In terms of energy storage business, its global energy storage system shipments exceeded 60GWh in 2025, ranking first among global energy storage system manufacturers.
50 mins ago
Ninghu Expressway Xianrenshan Heavy-Duty Truck Battery Swap Station Commences Operation
50 mins ago
Ninghu Expressway Xianrenshan Heavy-Duty Truck Battery Swap Station Commences Operation
Read More
Ninghu Expressway Xianrenshan Heavy-Duty Truck Battery Swap Station Commences Operation
Ninghu Expressway Xianrenshan Heavy-Duty Truck Battery Swap Station Commences Operation
On March 30, Jiangsu Ninghu Expressway Co., Ltd. released its 2026 financial report. According to the data, the company achieved operating revenue of approximately 20.289 billion yuan in 2025, a year-on-year decrease of 12.54%; net profit attributable to shareholders of the listed company was approximately 4.594 billion yuan, a year-on-year decrease of 7.13%; net profit after deducting non-recurring gains and losses was approximately 4.468 billion yuan, a year-on-year decrease of 8.45%. In terms of energy storage projects, a heavy-duty truck battery swap project was put into operation at the Xianrenshan service area, with one battery swap station deployed on each side, each station having an energy storage capacity of not less than 1.2 MWh.
50 mins ago
【SMM Analysis】Market Recovery in March, Artificial Graphite Exports Increased - Shanghai Metals Market (SMM)