FOCUS: Surging freight rates encourage demand shift in graphite market, sources say

By Jon Stibbs, Sybil Pan
Published: Monday, 23 November 2020

Graphite consumers outside Asia, especially those in Europe and the United States, could diversify their supplier base because of skyrocketing costs for freight from China and the strength of the East Asian country’s yuan, although it will remain a major exporter of graphite, according to market sources.

China accounted for over 60% of the world’s total output of flake graphite during 2019 and is a major exporter of flake graphite, according to the US Geological Survey (USGS).

Supply dynamics have evolved since 2017 because of projects led by producers outside China, including Syrah Resources, an Australia-based...

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