1. Overview of import and export data
In September 2024, China's flake graphite import volume was 26.253 tons, down 93.33% month-on-month, with a total import value of 116588 US dollars and an average import price of 4440.94 US dollars/ton, up 413.48% month-on-month. The cumulative import volume from January to September 2024 was 19,770 tons, a decrease of 43,400 tons or 68.72% from the same period last year.
In September 2024, China's flake graphite export volume was 5943.384 tons, a decrease of 13.15% month-on-month, the total export value was 5515121 US dollars, and the average export price was 927.94 US dollars / ton, an increase of 10.47% month-on-month. The cumulative export volume from January to September 2024 was 44,000 tons, a decrease of 13,600 tons or 23.65% from the same period last year.
2. Influencing factors
Imports: Imports in September decreased by 93.33% month-on-month, mainly from Madagascar. In September, the domestic demand for flake graphite was weak, and there was still domestic inventory to be consumed, and the demand for imports decreased sharply.
Exports: Exports in September decreased by 13.15% month-on-month, mainly to Japan, Korea, United States and other countries. Foreign orders were relatively stable, and the export volume did not change much.
3. Exporting Country
In September 2024, China's flake graphite exports by production and marketing country ranked the top five: Japan, Korea, United States, Iran and Germany. The sum of the exports of these five countries was 3,981.67 tons, accounting for about 66.98% of the total export volume of the month.
4. Trend forecasting
In October 2024, China's flake graphite imports are expected to be around 50 tons, +90.45% month-on-month; Exports are expected to be around 6,000 tons, +0.95% month-on-month. In October, the demand increased steadily, and there was a certain increase in the demand for imports.