【Negative Electrode Materials】Trading Atmosphere Remains Satisfactory, 

Negative Electrode Materials Steadily Lead

1. Focus Points:

1）The first phase of Sichuan Zichen Technology's 100,000-ton negative electrode material project has entered the final stage of equipment installation and commissioning, ready for production, with the second phase of the project completing soon. 

2）Silibon Technology completed the construction of a 1,000-ton/year silicon-carbon negative electrode material pilot production line in 2023 and smoothly put it into operation. 

2. Market Trends

 Data Source: Oilchem

For mainstream negative electrode materials, natural graphite ranges from 33,000 to 37,000 yuan/ton, artificial graphite ranges from 24,000 to 39,000 yuan/ton, and mesocarbon microbeads ( MCMB) range from 65,000 to 70,000 yuan/ton.

3. Production & Sales Dynamics

1） Supply: Negative electrode material supply is abundant, with leading companies operating at nearly full capacity and no inventory pressure.

2）Demand: Downstream battery plant production continues to increase, showing an upward trend in demand.

4. Related Market Trends

1）Petroleum Coke: The overall trading performance of the domestic petroleum coke market remains satisfactory, with transaction prices mostly stable with occasional adjustments. Reference for specifications of graphitized petcoke for the preparation of negative electrode materials.

2）Needle Coke: Needle coke enterprises are producing at low to moderate levels, mainly executing order contracts, and market prices remain stable. The mainstream prices for raw coke range from 4,800 to 5,500 yuan/ton, while for cooked coke, they range from 6,500 to 7,800 yuan/ton.

5. Future Forecast

In April, the supply of negative electrodes is gradually increasing, with leading companies stocking up as a necessity, and overall negative electrode inventory is under control within a safe range. Downstream demand for power batteries is rebounding, with overall order volume steadily increasing. Post-May Day trends in the lithium battery anode industry, contact us to learn more.