Graphite artificial price March 2024 and outlook (see chart below)

  • North America:US$3.57/KG, -2.2% down
  • Europe:US$3.43/KG, -2.3% down
  • Northeast Asia:US$2.67/KG, -1.8% down
The chart below summarizes Graphite artificial price trend per region, as well as the outlook. It takes a moment to load.

Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.

Graphite artificial price index

This post is a summary of the artificial graphite acid price developments. The price developments of artificial graphite are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Artificial graphite price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for artificial graphite prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of artificial graphite prices
  • Recent price developments of underlying feedstocks which drive the price of artificial graphite
  • Market futures for both cost drives and feedstocks of artificial graphite prices
  • Adjustment of current supply/demand imbalances in the artificial graphite market
  • Longer term trends in likely demand conditions

Further information on the Artifical graphite price index

 

What is artificial graphite

Artificial graphite, also known as synthetic graphite, is a man-made form of graphite that is produced by heating carbon to very high temperatures in the absence of oxygen. The process of making artificial graphite is called graphitization.

Artificial graphite has many of the same properties as natural graphite, including high electrical conductivity, high thermal conductivity, and low coefficient of thermal expansion. However, it is often more pure and has a more uniform structure than natural graphite, making it more suitable for certain applications.

Artificial graphite is used in a variety of applications, including batteries, lubricants, paints and coatings, and refractory materials. It is also used as an electrode material in electrolysis and as a catalyst in certain chemical reactions.

In recent years, the demand for artificial graphite has increased due to the growing use of electric vehicles and the need for high-performance battery materials. Artificial graphite is also used in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.

 

How is artificial graphite produced

Artificial graphite, also known as synthetic graphite, is produced by heating carbon to very high temperatures in the absence of oxygen. The process of making artificial graphite is called graphitization.

There are several methods used to produce artificial graphite, including:

High-temperature graphitization

This method involves heating carbon to temperatures between 2,500 and 3,500 degrees Celsius in a vacuum or inert atmosphere to produce artificial graphite.

Chemical vapor deposition

In this method, a chemical vapor is used to deposit a thin layer of carbon onto a substrate, which is then heated to produce artificial graphite.

Directed graphitization

This method involves heating a mixture of carbon and a catalyst to high temperatures to produce artificial graphite.

Thermal decomposition

This method involves heating a carbon-containing compound to high temperatures to produce artificial graphite.

Regardless of the method used, the goal of producing artificial graphite is to create a material with a highly ordered, crystalline structure and high purity. The resulting artificial graphite can then be used in a variety of applications, including batteries, lubricants, paints and coatings, and refractory materials.

 

What is artificial graphite used for

Artificial graphite, also known as synthetic graphite, is a man-made form of graphite that is used in a variety of applications due to its unique properties, including high electrical conductivity, high thermal conductivity, and low coefficient of thermal expansion. Some of the main uses of artificial graphite include:

Batteries

Artificial graphite is often used as an electrode material in lithium-ion batteries, which are commonly used in portable electronic devices and electric vehicles.

Lubricants

Artificial graphite is used as a dry lubricant in applications where oil or grease cannot be used, such as in vacuum environments or in high-temperature applications.

Paints and coatings

Artificial graphite is used as a pigment in paints and coatings to provide a matte finish and improve the corrosion resistance of the coating.

Refractory materials

Artificial graphite is used as a refractory material in high-temperature applications, such as in the production of steel and other alloys.

Electrolysis

Artificial graphite is used as an electrode material in electrolysis, a process used to produce chemicals and other materials by using electricity to drive chemical reactions.

Catalysis

Artificial graphite is used as a catalyst in certain chemical reactions, such as the production of chloralkali, which is used to make chlorine and caustic soda.

In recent years, the demand for artificial graphite has increased due to the growing use of electric vehicles and the need for high-performance battery materials. Artificial graphite is also used in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.

 

How big is the artificial graphite market

The market for artificial graphite is relatively small compared to other materials and industries, but it has been growing in recent years due to increasing demand for high-performance materials and the growing use of electric vehicles.

According to a report by Mordor Intelligence, the global artificial graphite market was valued at approximately $14 billion in 2020 and is expected to reach $21 billion by 2025, at a compound annual growth rate (CAGR) of 7.5%.

The Asia-Pacific region is the largest market for artificial graphite, accounting for more than 50% of global demand. China is the largest producer and consumer of artificial graphite, followed by Japan and South Korea.

The main drivers of the artificial graphite market are the growing demand for lithium-ion batteries, which are used in electric vehicles and portable electronic devices, and the increasing use of artificial graphite as a dry lubricant in high-temperature and vacuum environments.

Other factors that are expected to contribute to the growth of the artificial graphite market include the increasing demand for high-performance materials in the aerospace and defense industry, and the use of artificial graphite in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.

According to https://oec.world/ :

Artificial Graphite are the world’s 655th most traded product.

In 2020, the top exporters of Artificial Graphite were China ($941M), Japan ($255M), Germany ($176M), South Korea ($168M), and United States ($145M).

In 2020, the top importers of Artificial Graphite were United States ($309M), China ($285M), Poland ($280M), South Korea ($259M), and Germany ($143M).

 

Further reading

 

Business Analytiq

BE THE FIRST TO SEE RISK AND OPPORTUNITY!

BusinessAnalytiq provides unlimited market trend data and an online tools to track market developments, key benchmarks & leading indicators.

BusinessAnalytiq leads to price visibility, better negotiations, easier budgeting and forecasting, lower raw material prices, and improved better internal and external communication. BusinessAnalytiq will decrease risk and higher profit.

businessanalytiq

Where does the data come from?

  • The source of the data are exclusively public non-confidential sources. We have no access to primary data
  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
  • The data is a combination of contract and spot pricing
  • Our algorithms are set up to eliminate significant product mix impact on the reported price
  • We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
  • The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
  • For most indexes we have multiple sources and we focus on using statistically-correlated sources
  • As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
  • We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
  • The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • Our automated software and we do our best to create an accurate representation of the trend

 

Where does the data NOT come from?

  • We do not purchase data from any other source and republish it.
  • We will not purchase data from any other source and republish it
  • We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators

 

What data should our company use?

  • If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
  • Our data, at best, represents an estimate of the market trend based on public information
  • We have no direct access to the market, and we do not interview suppliers and customers
  • Our automated analysis tools in the online software are set up to combine our data with other sources of data
  • We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data

 

What does the quality indication in the main menu mean?

  • Quality level A: Data is from a reliable and confirmed source
  • Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
  • Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
  • Quality level D: Data is from a single credible source, but we cannot verify the data
  • Quality level E: Data is either:
    • From a single source, which we consider reliable, but we cannot verify the data.
    • From 2 or more sources which have some periods of contradicting trends.
  • Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.

 

What are the disclaimers?

  • We assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain

 

How often do we update the data?

  • We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.

 

What are we doing to improve the data?

  • We are continually improving our data collection and processing methods
  • Pricing data will be updated from time to time as we improve the accuracy
  • We are reviewing all data sources in the first half of 2024.
    • There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
    • The key focus in 2024 is to add many additional indexes

 

How can i give feedback on the data or request for new indexes

  • Feel free to contact us if you have a specific request. You can reach us via the Contact us page