SYR reported 1q today and look at their commentary.....
Expected 1Q weighted average graphite price achieved is $460-$470 per ton (CIF), below the guidance range of $500-$600 per ton, mainly due to product mix and final vessel scheduling weighted toward sales of fines graphite and faster than anticipated progress toward close out of lower priced contract volumes from 2018.
"mainly due to product mix" "sales of fines graphite"
please note they do not say demand driven.
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