SMM reported on July 3:
This week, the market price of graphitisation continued to run smoothly. In terms of the supply-demand pattern, the accelerated implementation of integrated layouts by anode material enterprises has directly led to a significant contraction in the volume of graphitisation tolling orders, and the pressure of market supply surplus continues to rise. Meanwhile, the profit margin of graphitisation tolling services has fallen below the cost line, leading to a tug-of-war between buyers and sellers in price negotiations, and the market is in a state of obvious stalemate. Looking ahead to the subsequent market, the demand side is expected to grow, but due to entering the traditional off-season for transactions, the expected increase is expected to be extremely limited, and the core contradiction of overcapacity is difficult to be effectively alleviated in the short term. Against this backdrop, graphitisation tolling service providers are likely to adopt an active price-cutting strategy to seize market share in the competition for limited orders.
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
