GLOBAL GRAPHITE SNAPSHOT: Flake in China softens; Europe flake, amorphous prices stable

By IM Staff
Published: Friday, 07 June 2019

Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday June 6.

Assessment (in $ per tonne)
This week's price
Previous week's price Weekly % change

Graphite flake, 94% C, +100 mesh, cif Europe

720

720

0.0

Graphite flake, 94% C, -100 mesh, cif Europe

570

570

0.0

Graphite flake, 94% C, +80 mesh, cif Europe

860

860

0.0

Graphite Flake, 94% C, +100 mesh, fob China 

730

740

-1.4

Graphite Flake, 94% C, -100 mesh, fob China

600

610

-1.6

Graphite Flake, 94% C, +80% mesh, fob China

890

900

-1.1

Graphite Spherical, 99.95% C, 15 microns

2,800-2,900

2,800-2,900

0.0

Graphite Amorphous, 80% C, -200 mesh

320-370

320-370

0.0

Graphite Amorphous, 80-85% C, -200 mesh, FCL

420-500

420-500

0.0


China

  • All grades of China’s flake graphite export prices dipped this week because Chinese exporters cut their offer prices amid ample supply in the market.
  • Strong inventories and aggressive competition between domestic and foreign suppliers weighed on prices.
  • Aggressively priced imported material into China, which was also evident earlier this year, has been putting local producers under pressure. Some have bowed to lower quotes to keep market share while others are trying to resist the downtrend.
  • Earlier this week, some sources told Fastmarkets that environmental inspections in Shandong province had tightened control of explosives in mines before the end of October. But this provided no support to prices.

Europe

  • The flake markets were stable; little liquidity was reported over the previous seven days.
  • There were reports of additional production starting to become available in the market and indications that macroeconomic uncertainty was affecting sentiment. But this yet to result in a further fall in prices.
  • A price differential between the same grades, which are priced lower on a cif Europe basis than on an fob China basis, remains. This is also the case for +80% mesh, 94% C material, priced at $860 per tonne cif Europe but at a higher $890 per tonne fob China. This pattern is determined by non-Chinese material that is being shipped into Europe at prices that are still below what Chinese sellers are offering or selling at.

Graphite flake production premium calculator

Adjustment  This week's VIU Previous week's VIU Weekly change
Carbon VIU in %
8.2 8.2 0.0

 VIU graph

The Carbon-VIU measures, in percentage terms, the price value of one extra % of carbon content as seen in the market.
The VIU is calculated using statistical methods and the large amount of prices and data collected by Fastmarkets. The VIU shown is the value implied by the market and not an in-house assessment.
An example of what the Carbon-VIU means practically: A published Carbon-VIU of 7% means that material with 95% carbon content is priced by the market, on average, 7% more expensive than 94% carbon content material, assuming other factors are equal.
Likewise, it means that 96% carbon content material is 7% more expensive than 95% material and that 97% carbon content material is 7% more expensive than 96% or 21% more expensive than 94% carbon.
For more information or to provide feedback on this graphite snapshot or if you would like to contribute to the price discovery process, please contact Jon Stibbs/Huaqing Fu by email at: pricing@indmin.com. Please add the subject heading 'FAO: Jon Stibbs/Huaqing Fu – graphite'.

Additional reporting by Huaqing Fu in Shanghai.



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