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

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