【Negative Electrode Materials】Production Increases with Stable Prices

1. Key Market Focus for this Week

1）Production: Negative electrode material manufacturers have shown increased production and capacity in the third quarter.

2）Demand: Downstream demand is growing year-on-year, with steady growth in power batteries and a monthly increase in the penetration rate of new energy vehicles. Further explore the production capacity of graphitized and semi graphitized petroleum coke.

2. Market Analysis for this Week    

Weekly Price Changes in China Domestic Negative Electrode Materials Market

Unit: CNY/ton

Mainstream prices for negative electrode materials this week:  Natural graphite is priced at 39,000-41,000 CNY/ton, artificial graphite at 32,000-36,000 CNY/ton, and carbon microspheres at 60,000-75,000 CNY/ton.    

3. Analysis of Factors Affecting Raw Material Market

1) Petroleum Coke: The low-sulfur petroleum coke market has seen good trading activity in this cycle. Due to low inventory levels of ordinary low-sulfur coke, procurement by negative electrode companies has increased, driving prices higher.

2) Needle Coke: This week, under the influence of bearish factors, needle coke trading has been sluggish, with a generally subdued trading atmosphere. Needle coke prices have remained stable. The mainstream prices for needle coke are between 7,000 and 9,500 CNY/ton, while green coke is priced at 4,800-5,500 CNY/ton.

4. Market Forecast for Next Week

The increase in downstream battery installations, steady growth in power batteries, and significant growth in energy storage battery production are expected. It is anticipated that the negative electrode materials market will experience stable prices in the short term. Source: Zongheng New Energy. Contact us for market updates on negative electrode materials and associated products.