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【Graphite Exports】China's Graphite Exports Slow in April Amid Ample Overseas Inventory
In April 2024, China's artificial graphite import volume was 1,114 tons, a slight month-on-month increase of 1% but a year-on-year decrease of 16%. Regarding import prices, the average import price of artificial graphite in April 2024 was 72,078 yuan/ton, down 8% month-on-month and 3% year-on-year. The downstream artificial graphite electrodes market info. for your reference.
In April 2024, China's artificial graphite export volume was 48,855 tons, a month-on-month decrease of 10% and remained flat year-on-year. The average export price in April 2024 was 13,460 yuan/ton, down 2% month-on-month and 9% year-on-year.
Due to substantial overall procurement in the first quarter, overseas inventories of artificial graphite were relatively sufficient in April, leading to reduced demand for Chinese artificial graphite. In May, with the growth of the overseas power storage market, the demand for battery cells and artificial graphite raw materials is expected to increase, potentially boosting the export volume of artificial graphite. For more information on graphite imports and exports in June, feel free to contact us.
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