Shangtai Technology: Head Artificial Graphite Negative Pole Factory in Full Production, Limited Space for Further Reduction in Negative Pole Material Prices

On the afternoon of October 31, Shangtai Technology stated at the third quarter performance briefing for 2024 that the price of negative electrode materials is currently at a relatively low level, and market demand is steadily recovering. Leading artificial graphite negative electrode material manufacturers are maintaining full production capacity and even increasing the scale of outsourcing and procurement. Therefore, there is limited room for further price reduction.

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