I was starting to think there was some geopolitical skullduggery...

I was starting to think there was some geopolitical skullduggery going on in the international graphite market.
But after looking at the half yearly accounts of the China Graphite Group that view has abated somewhat.

https://www.chinagraphite.com.hk

The Chairman’s address makes interesting reading and explains the volatile conditions being experienced in the Chinese market (which is the world market), times are indeed tough it seems. It is promising however that he sees a return to more normal conditions in the second half of the year.

The companies share price trajectory on the Hong Kong stock exchange looks somewhat familiar as well.

https://markets.ft.com/data/equities/tearsheet/summary?s=2237:HKG

Maybe better times are around the corner!