Sluggish Graphitisation Orders Lead to Stagnant Prices, Overcapacity Suppresses Market Outlook [SMM Lithium Battery Graphite Market Weekly Review]

Published: Jun 12, 2025 15:32

Save

[SMM Weekly Review of Lithium Battery Graphite Market: Sluggish Graphitisation Orders Lead to Stagnant Prices, Overcapacity Suppresses Market Outlook] SMM News on June 12: This week, graphitisation prices remained stable. Supply-demand pattern-wise, the momentum for growth in graphitisation tolling services orders was insufficient.

SMM June 12 News:

This week, graphitisation prices remained stable. From the perspective of the supply-demand pattern, the momentum for growth in graphitisation tolling services orders is insufficient, and the market oversupply situation has yet to change. However, as the current profits from graphitisation tolling services have generally fallen below the cost line, industry prices have reached a stalemate. Looking ahead, there is a lack of substantive signals indicating a recovery in demand, and the overcapacity situation is unlikely to be reversed in the short term. Meanwhile, the easing of cost-side pressure may prompt enterprises to become more proactive in price competition. It is expected that graphitisation tolling service prices will be under pressure, but due to the support from the cost line, the decline will be relatively limited.

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

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

7 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

7 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

7 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

7 hours ago