Graphite: Graphite prices may see additional gains in Q4 2024
Key points
Chinese graphite prices bottom
After 17 consecutive months of decline, Chinese flake graphite prices reached a bottom in July.Destocking and production costs
While any graphite price improvement will be modest in the final months of the year, we suspect the combination of an end to destocking and the pressure of underlying production costs will keep prices from further significant reductions over our short-term forecast period.Prices may see further gains
Fastmarkets maintains the view that graphite pricesmay post additional gains in Q4 2024 on seasonal demand increases and production outages.https://www.fastmarkets.com/insights/battery-raw-materials-market-update-august-2024/
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