Graphitisation Prices Stabilized This Week, Sentiment for Price Increases Remains Strong [SMM Lithium Battery Anode Raw Material Market Weekly Review]

SMM, June 11:

This week, China’s graphitisation tolling service prices remained stable, though expectations for a price hike persisted. Demand side, integrated anode enterprises faced an undersupply of their own graphitisation capacity, driving a steady rise in outsourced orders. Cost and supply side, processing costs remained high, graphitisation tolling service plants experienced chronic thin margins, production shutdowns and furnace reductions were widespread, and effective market supply was tight. Supported by strong demand, tight supply, and high cost, the industry saw a strong atmosphere for price hikes. However, following a slight adjustment early in the month, processing fees overall remained stable this week. Looking ahead, the industry held an optimistic outlook for end-use demand. Downstream, to lock in processing capacity and ensure stable supply, the mentality to push for lower prices gradually weakened. Consequently, graphitisation tolling service processing fees are expected to rise steadily.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu 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

Hu Xuejie 021-20707858