The market price of graphitisation remains stable, and a price reduction channel may be initiated in the future.

[Graphitisation Market Prices Remain Stable, Potential Price Cuts Expected Amid Order Competition]

This week, graphitisation market prices maintained a stable trend. Supply-demand pattern, the accelerated implementation of integrated layouts by anode material companies directly led to a sharp contraction in orders for graphitisation tolling services, with supply surplus pressure continuing to rise. Meanwhile, profits from graphitisation tolling services have fallen below the cost line, and buyers and sellers are locked in price negotiations, resulting in a clear market stalemate. Looking ahead, demand is expected to grow, but the traditional off-season for transactions will likely limit the increase to a minimal extent, while the core issue of overcapacity remains difficult to effectively resolve in the short term. Against this backdrop, graphitisation tolling service providers are likely to adopt proactive price-cutting strategies to compete for limited orders and capture market share.