Costs decline, and the price of artificial graphite dropped slightly this week [SMM Weekly Review of Lithium Battery Anode Market]

SMM, June 5:

This week, prices of some artificial graphite have slightly declined. On the supply and demand side, with the conclusion of the auto show and the cancellation of mandatory energy storage allocation, overall market trading activity has been weak, and supply appears relatively sufficient. On the cost side, due to sluggish downstream demand, the production cost of anode materials has decreased. Therefore, the prices of artificial graphite anode materials have shown a downward trend this week. Looking ahead, the cost side may continue to weaken, and the supply side will remain relatively abundant. Thus, it is expected that the prices of artificial graphite anode materials may continue to face downward pressure in the future.

This week, there have been no significant fluctuations on the cost side or the supply and demand side, and the prices of natural graphite anode materials have remained stable. Looking ahead, with the continuous upgrading of artificial graphite technology, the traditional advantages of natural graphite anode materials in terms of product performance are gradually diminishing. Some downstream demand that originally relied on natural graphite may gradually shift towards artificial graphite, compounded by the severe issue of overcapacity in the industry. Therefore, it is expected that the prices of natural graphite anode materials will continue to face pressure in the future.

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

Hu Xuejie 021-20707858