[SMM Analysis] In June, the high comprehensive cost of anode materials supported the upward shift of the price center.

Published: Jul 13, 2026 17:44

Save

[SMM Analysis: High Comprehensive Costs of Anode Materials in June Support Upward Shift in Price Center] SMM July 13 News: In June, the price center of China's artificial graphite anode material achieved a slight upward shift.

SMM, July 13 –

In June, China's artificial graphite anode material price center edged up slightly. Cost side, although raw material prices pulled back due to insufficient rigid demand follow-up and looser marginal supply, graphitisation processing fees rose sharply owing to tight matching capacity and meager profits at independent enterprises; after offsetting, overall costs remained elevated, effectively supporting firm anode material prices. Supply-demand side, anode material enterprises, driven by cost pass-through pressures, generally showed strong willingness to hold prices firm. Battery producers were somewhat reserved in accepting high prices during small-scale stockpiling purchases, yet under the dominance of cost logic, bargaining room was relatively limited. Overall, cost support and improved downstream purchasing enthusiasm became the core drivers pushing artificial graphite anode material prices into an upward trend.

SMM New Energy Research Team

Wang Cong 021-51666838

Ma Rui 021-51595780

Feng Disheng 021-51666714

Lyu Yanlin 021-20707875

Zhang Haohan 021-51666752

Wang Zihan 021-51666914

Wang Jie 021-51595902

Chen Bolin 021-51666836

Xu Yang 021-51666760

Xu Mengqi 021-20707868

Hu Xuejie 021-20707858

Yang Le 021-51595898

Wang Zhaoyu 021-51666827

Li Yisha 021-51666730

Huang Chencong 021-51595860

Lin Ziya 021-5166-6902

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.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for 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

19 mins ago

July Battery and New Energy Capacity Expansion Structural Divergence: Cathode Secured 32.1 Billion, Solid-State/Sodium-Ion Battery Contributed 21.1 Billion

Battery Network's incomplete statistics show that in July 2026, there were 32 publicly announced new investment projects in the new energy battery entire industry chain, of which 26 projects disclosed their investment amounts, with a total investment of 62.792 billion yuan and an average investment of 2.415 billion yuan per project, basically maintaining the average level of monthly investment expansion.

19 mins ago

Aug 22, 2026 14:49

[Solid-state battery: Qinghai's 3,000 mt per year lithium sulfide project completed filing]

[Solid-State Battery: Qinghai 3,000 mt/year Lithium Sulfide Project Completes Filing] On August 10, 2026, the Online Approval and Supervision Platform for Investment Projects in Qinghai Province showed that Qinghai Weixiang Technology Co., Ltd.'s 3,000 mt/year lithium sulfide project completed the filing of an enterprise investment project. The project is located on the north side of Hanhai Road, Kunlun Economic Development Zone, Golmud City, Qinghai Province, with a total investment of 81.319 million yuan. It mainly involves building a 3,000 mt/year lithium sulfide production line and related supporting facilities, to be implemented in two phases (Phase I: 500 mt/year, Phase II: 2,500 mt/year), and is also capable of producing 10,000 mt of lithium sulfate. It is planned to be completed in July 2027. The core technology, "preparation of high-purity lithium sulfide by high-temperature low-pressure method," has been granted a national invention patent, jointly developed by Qinghai Weixiang Technology and the Qinghai Institute of Salt Lakes, Chinese Academy of Sciences.

Aug 22, 2026 14:49

Aug 22, 2026 14:46

[Solid-state battery: Zhidongli's H1 loss narrowed, strategically deployed lithium sulfide, a solid-state battery material]

[Solid-State Battery: Zhidongli Narrows H1 Loss, Strategically Positions in Solid-State Battery Materials] On August 21, 2026 (disclosed on August 22), Zhidongli (300686) released its semi-annual report. H1 revenue was 663 million yuan, down 13.7% YoY; net profit attributable to parent was a loss of 15.6069 million yuan, narrowing significantly compared to a loss of 40.98 million yuan in the same period last year. During the reporting period, the company actively expanded its new materials business, particularly making strategic investments in solid-state battery materials to optimize its industrial structure and achieve a second growth curve. Zhidongli plans to build a 5,000 mt/year high-purity lithium sulfide production site.

Aug 22, 2026 14:46