Energy storage demand drives 55% surge in Jul anode material output in China

China anode material output reached 372,500 tonnes in July, up 55.21% year-on-year, with capacity utilization rate rising to 83.03%. Strong energy storage orders drove August lithium-ion cell production schedules up 7.40% month-on-month, with energy storage cells accounting for over 40%. Mid-grade synthetic graphite anode gross profit turned positive, signaling a continued industry recovery.

China anode material output reached 372,500 tonnes in July, up 55.21% year-on-year, with capacity utilization rate rising to 83.03%. Energy storage orders drove August lithium-ion cell production schedules up 7.40% month-on-month, with overseas large-scale storage projects accounting for over 40% of cell output. Mid-grade synthetic graphite anode gross profit