FOCUS: Surging freight rates encourage demand shift in graphite market, sources say
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
Supply dynamics have evolved since 2017 because of projects
led by producers outside China, including Syrah Resources, an