SMM May 7 News:
This week, artificial graphite anode material prices showed an upward trend. Supply and demand side, effective capacity at leading anode enterprises remained tight, while tail-end enterprises' capacity still could not fill the gap, resulting in a relatively tight effective supply pattern. Cost side, affected by the sustained rise in coke prices in the earlier period, anode producers faced severe cost pressure. As the production lag effect gradually faded, previously accumulated cost pressure began to transmit downstream. Overall, driven by the dual forces of cost support and tight supply-demand conditions, artificial graphite anode material prices showed a steady rising trend this week. Looking ahead, artificial graphite anode material is expected to benefit from continuously improving downstream end-use demand and upstream costs fluctuating at highs, and subsequent prices are expected to remain firm.
This week, natural graphite anode material prices remained stable. Upstream raw material prices continued to fluctuate at highs, effectively offsetting the price reduction expectations brought by loose supply, and overall market prices remained stable. Looking ahead, the dual pattern of "rigid cost support and relatively loose supply" will persist, the tug-of-war between sellers and buyers will be difficult to break quickly, and prices are highly likely to remain stable in the short term, with significant easing also unlikely.
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
Hu Xuejie 021-20707858
