SMM, July 20:
In June 2026, China's artificial graphite imports were 1,002 mt, up 2.3% MoM and up 3.3% YoY. In terms of average import price, China's artificial graphite average import price in June 2026 was 59,596 yuan/mt, down 0.9% MoM but up 16.6% YoY.
Source: China Customs, SMM
In June 2026, China's artificial graphite exports were 41,601 mt, down 16.9% MoM and down 18.7% YoY. As for average export price, China's artificial graphite average export price in June 2026 was 9,080 yuan/mt, up 17.5% MoM and up 13.9% YoY.
Source: China Customs, SMM
Import side, volume and price fluctuations were relatively mild, and overall operations remained stable. Export side, a divergence of "falling volumes, rising prices" emerged: the decline in export volumes was likely related to the high base in May and adjustments in overseas procurement pace; the rise in average export price was mainly driven by the transmission of persistently high domestic costs. It is worth noting that despite the decline in total exports, shipments of artificial graphite for lithium batteries from major exporting provinces showed a rebound, with one province's export volume surging by about 50% MoM and another province's growth rate approaching 25% MoM.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Zhou Zhicheng 021-51666711
Zhang Haohan 021-51666752
Wang Zihan 021-51666914
Wang Jie 021-51595902
Xu Yang 021-51666760
Xu Mengqi 021-20707868
