China’s Electrode Paste Exports Continue to Grow in October; High-Performance Products Become Overseas Must-Haves

Since entering October, China’s electrode paste export market has maintained a growth trend, continuing the momentum of a 20.01% year-on-year increase in the first three quarters. Indonesia remains the core destination, accounting for 68.24% of total exports, while Malaysia has seen a striking demand growth with a year-on-year increase of over 36%.

The average export price has stabilized driven by international raw material costs, with upward price trends of raw materials such as medium-high sulfur calcined petroleum coke providing support. On the supply side, export capacity accounts for over 64% of the total, and new high-end production lines are accelerating production release. Strong demand from overseas downstream industries such as steel and aluminum smelting has driven the export proportion of high-performance electrode paste up to 28%, whose electrical conductivity is 15% higher than that of traditional products.

Benefiting from the loose trade policies in Southeast Asia, it is expected that export volume will continue to rise in November. Overseas customers are advised to lock in orders for high-performance products to avoid the risk of raw material fluctuations.