NewsFlash / Cobalt & Lithium / The market price of graphitisation remains stagnant, while the integration of anode production accelerates
The market price of graphitisation remains stagnant, while the integration of anode production accelerates
iconJul 25, 2025 13:55
Source:SMM
[7.21-7.25: Accelerated Integration of Anode Enterprises, Stagnant Market Prices for Graphitisation]
This week, the market prices for graphitisation have entered a relatively stagnant phase. On the supply and demand front, the integration process of anode material enterprises has been accelerating, leading to a corresponding decrease in orders for graphitisation tolling services and an increasing pressure of supply surplus in the market. On the cost side, the profits of graphitisation tolling service providers have dropped to the edge of the cost line, exacerbating the market competition. Looking ahead, although there is a possibility of demand growth, the core issue of overcapacity caused by the traditional off-season and integrated development is unlikely to be resolved in the short term. Therefore, it is expected that under the background of overcapacity not being cleared in the short term, the subsequent prices for graphitisation tolling services may experience a slight decline.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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