GLOBAL GRAPHITE SNAPSHOT: Fine flake market softens in Europe on oversupply

By Jon Stibbs, Sybil Pan
Published: Thursday, 27 August 2020

Key data from the graphite pricing sessions in Asia and Europe for the week ended Thursday August 27.

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

Previous week's price Weekly % change

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

760

760

0

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

465

475

-2.1

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

890

895

-0.6

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

750

760

-1.3

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

430

430

0

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

895

890

+0.6

Graphite Spherical, 99.95% C, 15 microns

2,200-2,350

2,200-2,350

0

Graphite Amorphous, 80% C, -200 mesh

250-300

250-300

0

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

320-395

320-395

0

China

  • Fastmarkets’ price assessment for graphite flake, 94% C, +100 mesh (+194), fell amid slow demand, with sellers cutting prices in an attempt to attract business.
  • The market for graphite flake, 94% C, +80% mesh (+894), ticked upward on a supply shortage, despite the current extremely thin demand from the seaborne market.
  • The price assessment for graphite flake, 94% C, -100 mesh (-194), was stable but the domestic market was increasingly competitive due to soft demand, according to market sources.
  • Sellers kept the price for amorphous graphite stable with some business done on the seaborne market, albeit at a low level.
  • The price of spherical graphite was flat in the past week, amid low activity.

Europe

  • The -194 market softened in response to the ample volumes of material coming onto the market, especially from China, at a time of weak demand.
  • Prices for jumbo flake (+894) inched downward, with buyers not currently prepared to accept offer prices of around $900 per tonne because of the uncertain economic situation.
  • The +194 market was stable, with lower prices available for buyers of larger volumes, according to market participants.

Graphite flake premium calculator

The Value in Use (VIU) was updated to 5.0% on July 1 for the third quarter of 2020 from 4.7% in the second quarter.

Adjustment   This quarter's VIU  Previous quarter's VIU Quarterly change 
Carbon VIU in %  5.0  4.7  +6.4

VIU Q3 2020

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 a 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% material or 21% more expensive than 94% carbon.

For more information, to provide feedback on this graphite snapshot or if you would like to contribute to the price discovery process, please contact Jon Stibbs or Sybil Pan by email at: pricing@indmin.com. Please add the subject heading "FAO: Jon Stibbs/Sybil Pan - graphite."



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