GLOBAL GRAPHITE SNAPSHOT: Ample supply weighs on Chinese amorphous fob price

By Jon Stibbs, Huaqing Fu
Published: Thursday, 10 October 2019

Key data from the graphite pricing sessions in Asia and Europe for the week ending on Thursday October 10.


Assessment 
(in $ per tonne)
This week's price

Previous week's price Weekly % change

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

630

630

0

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

475

475

0

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

795

795

0

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

680

680

0

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

540

540

0

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

820

820

0

Graphite Spherical, 99.95% C, 15 microns

2,500-2,600

2,500-2,600

0

Graphite Amorphous, 80% C, -200 mesh

320-340

320-370

-4.3

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

370-450

370-450

0

       

China

  • Prices fell at the top end of the range for graphite amorphous, 80% C, -200 mesh, fob China. Soft demand from Chinese steel mills resulted in increased volumes of material for the export market, which weighed on the top end of the market. 
  • The flake graphite market was stable. Suppliers have attempted to increase their offer prices in response to tightening supply because mining in northern China is scaled down for winter and production from Syrah Resource has been cut.
  • Bu customers have delayed restocking after the Chinese National Day holiday in response to low demand from the refractory sector and access to cheaper material from the international market.

Europe

  • Flake and amorphous prices remained stable, but while demand was weak overall there were regional variations in sentiment.
  • Graphite flake consumption from the refractories sector has been damped by steel production cutbacks, such as by ArcelorMittal in Spain. Demand is expected to fall over the fourth quarter of the year in countries affected by the output reductions. The market in Poland was also reported to be soft.
  • There were, however, reports of higher prices and stronger demand for medium and large flake from the refractories sector in northern Europe.

Graphite flake premium calculator

The VIU was updated on October 3 for the fourth quarter 2019 to 6.7% from 4.9% in the third quarter.

Adjustment  This week's VIU Previous week's VIU Weekly change

Carbon VIU in %

6.7 4.9
2.8

 graph q4 viu

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 would be 7% more expensive than 95% material and that 97% carbon content material would be 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.'



More like this