In April, China's anode material production reached 319,400 tonnes, an increase of 4.48% month-on-month. Leading producers operated with full orders, mostly running at full capacity under contract. Second- and third-tier manufacturers saw rising demand for toll processing, and the operating rate was relatively high. The anode material market continued to produce based on sales, and the growth in downstream demand drove the supply to increase simultaneously. However, with feedstock prices remaining high, producers still exercised some restraint in expanding production.
Written by Cora Ji, jiruyan@mysteel.com