Prices for high energy synthetic graphite anodes levelled out in July as producers facing tightening margins resisted further drops amid signs of a rebound in the electric vehicle sales in China. The latest levelling out comes after months of slow downstream demand from the electric vehicle sector that have now pushed down synthetic graphite prices […]
> Benchmark Mineral Intelligence, specialising in battery supply chain research and insights, reports that 12.7GWh of new operational capacity entered operation in October 2025. Operational Capacity The grid-scale BESS market saw 12.7GWh of new capacity enter operations globally in October 2025, a y-o-y increase of 29%. China led new operational capacity with just under 8.8GWh of […]
> Improved demand from battery synthetic graphite anode producers and low inventories at the supply level saw prices of petroleum-based coke (pet coke) rise 3% this month following a 16% price drop last month, as assessed by Benchmark. A growing preference from anode producers to purchase pet coke over the more expensive needle pet coke also […]
> Benchmark Mineral Intelligence will continue publication of its existing Synthetic Graphite Anode High Energy and Natural Graphite Anode High Energy price assessments, reversing the previously announced specification change which took effect on 15 October 2025. In compliance with IOSCO principles, this followed Benchmark’s public consultation on the proposed change on 8 September 2025. Following additional […]
> Automakers are increasingly using synthetic graphite material in their battery anodes, due to its greater availability and increasingly lower costs. Synthetic anodes are likely to make up 63% of the anode market by 2025, according to Benchmark, as a shortage of flake graphite supply is expected to curb the uptake of natural graphite anodes. Yet […]
> The substitution of ‘needle’ coke for lower-cost coke feedstocks in synthetic graphite anode production is diminishing the price premium between synthetic graphite dominant anodes and their natural graphite anode peers. Since late 2022, Benchmark’s Anode Price Assessment has reported that technological improvements have facilitated the blending of part or most needle coke with lower-cost coke […]
> Benchmark Mineral Intelligence, specialising in EV supply chain research and insights, reports that 1.9 million electric vehicles were sold globally in October 2025. Rho Motion Data Manager, Charles Lester, commented: “Global EV sales reach 1.9 million units in October 2025, marking a 23% increase year-to-date. Europe led regional growth with a 36% year-on-year increase, driven […]
> Synthetic graphite capacity expansions remained a key trend in 2023 in China as anode producers looked to lower cost, higher sulphur feedstocks in an effort to manage costs. “Despite prices for coke falling throughout 2023, we’ve seen new project and capacity announcements continue at pace in China,” Adam Megginson, analyst at Benchmark said. “In the […]
> Benchmark hosted its inaugural Giga Africa event in Marrakesh, Morocco in September, featuring delegates from across the battery supply chain. Over the many conversations and discussions held about Africa’s place in the global battery supply chain, several key themes emerged: Explore these topics in the words of Giga Africa’s expert speakers and panellists.