Latest graphite anode market (12.4)

This week, the raw material market fluctuated, low sulfur petroleum coke price showed a downward trend, and the current price was 6050-6700 yuan/ton, and International oil prices fluctuated and continued to fall. The wait-and-see mood intensified. Affected by the epidemic, some enterprises have heavy logistics and transportation constraints, and their shipments were not smooth. They must reduce the storage price; Needle coke price was temporarily stable, and coal tar pitch price continued to rise, the cost of coal-based enterprises was seriously inverted, and there was no new production for the time being. Low sulfur slurry price was lowered, and the cost pressure of petroleum enterprises was reduced. The continuous decline of low sulfur coke price had affected the purchasing mentality of anode enterprises and indirectly increased the difficulty of needle coke price increase. The market was stability and held wait-and-see mood. 

The anode material market was generally stable. Downstream battery enterprises had low demand and strong willingness to clear customs. At present, most enterprises purchase according to needs, and they have taken a cautious attitude towards inventory and reduced prices significantly. At the raw material end, low sulfur coke prices fell. "Buy when the prices are going up instead of going down." market mentality dominated. Downstream procurement slowed down and actual transactions were cautious.

This week, artificial graphite anode materials price was lowered, and the mid end products price was lowered by 2750 yuan/ton. The current market price is 50500 yuan/ton. Raw materials price continued to fall, and the graphitization processing fee also declined, which could not provide cost support for artificial graphite anode materials. Although it is the end of the year, anode enterprises have not increased their inventories as usual. The main reason is that some enterprises have large inventory in the early stage and the inventory is enough. At present, the mentality of enterprises is mainly to reduce inventory, and they are cautious about inventory. Due to the substantial expansion of anode material capacity in the early stage, there will be a centralized release next year. Near the end of the year, anode market has begun to seize orders from the long-term association next year, and some enterprises have chosen to reduce the price to seize orders, in order to ensure the profits of next year. About China's graphite anode industry daily events, feel free to communicate with us.