spid i think you should start redacting and retracting your falsehood guestimate /estimate lol price assumptions on this site, as its bordering on you continually embarrassing yourself on this site and forum
all that you are trying to do, is , discredit a 1st class and world class graphite mine
the readers and shareholders here are no fools
with your 2 upvotes each day, each hour from a reader base of >100 you are truely misinforming and misrepresenting the true picture and value of wkt as an investment for many shareholders here
fake news as told by you again spid81 !!!!!
if you can read
read this !!
Tight China supply likely to support graphite flake priceBy JON STIBBS, SYBIL PANPublished: Friday, 14 January 2022Print | Email | Comment | ShareTweetShareGraphite flake prices bounced back in 2021 due to evolving market dynamics amid global logistics issues, China’s power crunch and its environmental inspections. These factors look likely to continue to drive the graphite flake market into 2022, report Sybil Pan and Jon Stibbs.The new-energy vehicle sector is becoming a major downstream consumer of fine graphite flake, with solid support for the material since the end of 2020. Intensifying global shipping issues, China’s power crunch, its environmental inspections and suspension of production in winter have combined to send fine flake prices soaring in the second half of 2021.Fastmarkets’ assessments for graphite flake 94% C, -100 mesh, fob China and graphite flake 94% C, -100 mesh, cif Europe jumped to $700 per tonne and $755 per tonne on December 2, respectively, up by 34.62% and 24.79% from the middle of the year.With demand from the anode sector set to remain strong and ongoing uncertainty caused by the Covid-19 pandemic, graphite flake industry participants expect the market to remain bullish at least in the first quarter of 2022.Solid demand, uncertain supplyAccording to market participants, fine flake prices in China are likely to stay near record highs for most of the first three months of 2022 due to solid demand for spherical graphite production to meet growing use in anode production, supply interruptions in major regions for production, and logistical issues.In addition, demand from major consuming countries, such as South Korea and Japan, have been trending upward over the past two years despite the Covid-19 pandemic.Total shipments of uncoated spherical graphite from China to South Korea and Japan were 30,040 tonnes and 14,877 tonnes from January to October in 2021, respectively, up by 14.56% and 3.33% from a year earlier, according to China’s customs data.Sources say that expansion of spherical graphite production in China is also driving up demand for fine graphite flake, which is used as a feedstock.Total spherical graphite shipments in China’s domestic market were estimated to be around 95,000 tonnes in 2020, in contrast with 130,000 tonnes just in the first half of 2021.The spherical graphite price has also been rising strongly this year in response to demand and supply side factors, while the battery anode market develops.Fastmarkets’ graphite spherical 99.95% C, 15 microns, fob China was $3,100-3,300 per tonne on December 2, up by about a quarter from $2,350-2,800 per tonne on July 1, 2021.Multi-year high"Chinese spherical graphite prices are at seven-year highs, and we would not be surprised to see the 2012 peak of $4,000 per tonne breached over the coming years," said Amy Bennett, Fastmarkets’ graphite analyst."Demand for active anode materials from the EV battery sector is rising sharply, while Chinese spherical graphite producers are also facing rising power costs. We expect to see upward pricing momentum maintained well into 2022," she added.While demand is showing strong growth, uncertainties in flake supply from China will continue from January to March 2022 because of a seas
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