【Negative Electrode Materials】Stable Prices, Smooth Transition for Negative Electrode Materials

【Negative Electrode Materials】Stable Prices, Smooth Transition for Negative Electrode Materials

Ⅰ. Recent Developments

1.The construction project of the calcined petroleum coke production line by Zhongzhou Lufeng Carbon Materials Co., Ltd. has attracted attention. The project plans to invest 10 billion yuan and includes three sub-projects: an annual production capacity of 500,000 tons of calcined petroleum coke, 100,000 tons of graphite products, and 100,000 tons of graphite negative electrode materials. 

2.The Kaijin project in the High-end Lithium Battery Materials Industrial Park in Dalong Development Zone, which was signed and settled in September 2021, is invested by Guangdong Kaijin New Energy Technology Co., Ltd. The first phase involves the construction of a 100,000-ton graphiteization capacity, and the second phase aims to build a 200,000-ton integrated production capacity of negative electrode materials. The first phase is currently perfecting the supporting facilities for the 100,000-ton graphiteization capacity.

Ⅱ. Recent Market Trends

Source: Oilchem

Negative Electrode Materials Prices in China

For mainstream negative electrode materials, the price of natural graphite is around 40,000 to 42,000 yuan/ton, artificial graphite is around 32,000 to 38,000 yuan/ton, and mesocarbon microbeads are around 65,000 to 70,000 yuan/ton.

Ⅲ. Today's Production and Sales Dynamics

1) Supply: Some major manufacturers of negative electrode materials have slightly increased their production plans, but the increment is limited due to inventory constraints.

2) Demand: Downstream battery manufacturers have shown a slow recovery in demand, with essential procurement of negative electrode materials being the main focus.

Ⅳ. Related Product Market Trends

1) Petroleum Coke: Today, domestic refineries actively signed contracts for the Dragon Boat Festival period, leading to a partial decline in petroleum coke prices.

2) Needle Coke: Downstream demand remains weak, with low capacity utilization rates for enterprises, resulting in a cautious market stance. The mainstream price for needle coke is between 8,000 and 9,800 yuan/ton, while green coke is priced at 5,200 to 6,000 yuan/ton.

Ⅴ. Future Forecast

The market for negative electrode materials is expected to remain stable, with production planned accordingly. While there has been some increase in downstream inquiries, price negotiations are the primary focus. Currently, the market competition for negative electrode materials is intense, and there is a possibility of further price declines. Follow us to learn more about the graphite negative electrode materials and related products market analysis.