SIP Markets Industrial & Functional Minerals Contact desk

Graphite

GRAPHITEIndustrial & Functional Minerals1 listed market

Natural graphite is crystalline carbon in a layered structure whose sheets slide easily over one another, which makes it soft and slippery, and whose bonds within each sheet make it an excellent conductor of heat and electricity and stable to very high temperatures. It occurs in three commercial forms: flake graphite recovered from metamorphosed sediments, vein or lump graphite found in a small number of deposits, and amorphous microcrystalline graphite from altered coal seams. It is used in refractories and crucibles for steel and foundry work, in the anode of lithium ion batteries once spheronised and coated, in brake and clutch friction materials, in lubricants and greases, in foundry facings and recarburisers, in pencils, and as expandable graphite for fire retardant seals and gaskets.

Listed graphite markets

Each line is a grade at a delivery point. Open one for its full specification and terms.

Grades

A graphite contract turns on the crystalline type, on the flake size, and on the carbon assay. Flake size and carbon are quoted together because a large flake at a given carbon is a different product from a fine flake at the same carbon.

Chemical assay

10 grades

Determined by an accredited laboratory on a prepared and split sample, by X-ray fluorescence on a fused bead under ISO 12677 or by the wet chemical reference method named in the contractThe assay is the commercial specification. It is what the buyer pays for and it settles on a certificate from a laboratory both sides name before the cargo moves.

GradeDefinition
Graphite typeDeclared, as flake, vein or lump, or amorphousThe first term on any contract. The three types are different products with different uses and they are not substitutable.
Fixed carbonPercentage by massDetermined by proximate analysis under the named standard. The payable content and the headline grade term.
AshPercentage by mass, maximumThe mineral residue after combustion. It is the mirror of the carbon figure and it is what a refractory or a battery maker is trying to exclude.
Volatile matterPercentage by mass, maximumDetermined by proximate analysis. High volatiles indicate incomplete crystallinity or residual organic matter.
MoisturePercentage by mass, maximumDetermined by oven drying. It is both a weight term and a handling term because damp graphite will not flow.
SulphurPercentage by mass, maximumControlled for refractory and recarburiser use, because it reports to the steel.
Iron as ferric oxidePercentage by mass, maximumA magnetic and a purity term. It is tightly controlled in battery grade.
Silica and alumina in the ashPercentage by massDetermined by X-ray fluorescence on the ash under ISO 12677, identifying the gangue that survived flotation.
Purification routeDeclared, as flotation only, thermally purified or chemically purifiedWhere a high purity grade is contracted, the route is named because it determines the residual impurity profile and the environmental footprint.
CrystallinityReported as the interlayer spacing and the degree of graphitisation, by X-ray diffractionThe structural measure behind conductivity and lubricity, specified where the application depends on it.

Particle size and sizing

6 grades

Determined by sieve analysis on test sieves conforming to ISO 3310, and by laser diffraction under ISO 13320 for the fine fractionsSize is a grade in this trade, not a tolerance. The size band decides the application, and it is settled on a screen analysis rather than on a description.

GradeDefinition
Flake size gradingPercentage by mass retained at each stated mesh apertureDetermined on test sieves conforming to ISO 3310. In flake graphite the size band is a grade and it is priced separately from the carbon.
Nomenclature of the size bandDeclared as the mesh series and the apertureContracts name the sieve series as well as the mesh number, because mesh designations differ between series.
Median particle sizeMicrometres, as the fiftieth percentile by volumeDetermined by laser diffraction under ISO 13320, for micronised and spheronised grades.
Particle shape and sphericityReported against the named methodFor battery grade, where the spheronised particle geometry governs how the anode packs.
Tap densityGrams per cubic centimetreDetermined on a tapped cylinder. The working density term for anode and powder grades.
Oversize and undersizePercentage by mass, maximumAgreed in the sizing clause rather than left to the screen report.

Physical properties

8 grades

Measured in the laboratory on a representative sample drawn under the sampling procedure named in the contractWhat the mineral does in the application. Two parcels can assay the same and behave differently, so the physical terms sit alongside the chemistry on every contract.

GradeDefinition
Bulk density, loose and tappedKilograms per cubic metreSets the bag, the silo and the freight cube.
Specific surface areaSquare metres per gramDetermined by nitrogen adsorption. A governing term for battery grade, where surface area drives first cycle losses.
Expansion ratioCubic centimetres per gram, at the stated temperatureFor expandable graphite, the volume the treated flake reaches on heating. It is the defining performance term for fire retardant use.
Onset expansion temperatureDegrees CelsiusThe temperature at which the intercalated flake begins to expand.
Electrical resistivityOhm metresMeasured on a compacted specimen where the application depends on conduction.
Oxidation resistanceReported as mass loss at the stated temperature and dwellA refractory term, governing how the graphite behaves in a working brick or crucible.
Lubricity and coefficient of frictionReported against the named methodFor lubricant, grease and friction grades.
Magnetic contaminationMilligrams per kilogramDetermined after magnetic separation of a prepared sample. A rejection term for battery grade.

Contaminants and regulated substances

5 grades

Determined by an accredited laboratory against the limits set by the regulation or pharmacopoeia in force at the destinationThe terms that decide whether the mineral can lawfully be used where it is going. They are pass or fail rather than priced.

GradeDefinition
Trace metalsMilligrams per kilogram, maximum, by elementDetermined on a digest. Battery grade carries element by element ceilings on iron, copper, nickel, chromium, zinc and sodium.
Heavy metalsMilligrams per kilogram, maximumArsenic, lead, cadmium and mercury against the destination limit for the intended use.
Respirable dust and crystalline silicaPercentage by massDeclared on the safety data sheet, driving the dust controls at the receiving plant.
Residual acid and chlorideMilligrams per kilogram, maximumOn chemically purified grades, the residue from the leach circuit.
Origin and due diligenceDeclared, with the mine or plant namedCountry of origin and the responsible sourcing statement, which battery supply chains require as a condition of purchase.

Delivery, documentation and certification

9 grades

Contract terms settled on the document, the weighbridge and the pack rather than in the laboratoryTerms that travel with the cargo.

GradeDefinition
Form and packingDeclaredBulk, big bags of a stated net weight, paper or polywoven bags palletised and shrink wrapped, or containerised bulk in liners. The pack is a price term because it drives the handling cost at both ends.
Moisture at loadingPercentage by mass, maximumDetermined by oven drying on a loading sample. Moisture is paid for as mineral unless the contract sets a dry weight basis, so it is always specified.
Weight basisDeclaredWet or dry metric tonnes, on shipped weight or landed weight, with the survey house named and the draft survey or weighbridge method stated.
Sampling and assay protocolDeclaredWho samples, at which point, to what standard, how the sample is split and sealed, and which laboratory umpires a dispute. It is agreed before loading, not after.
Transportable moisture limitPercentage by massWhere the cargo is a group A material under the maritime bulk cargoes code, the flow moisture point and the transportable moisture limit are certified before loading.
Safety data sheetDocument, to the globally harmonised system formatClassification, handling and respirable crystalline silica statement, supplied with every consignment.
Certificate of analysisDocument, per lotIssued by the named laboratory against the contract specification, referencing the lot and the sampling record.
Regulatory registrationDeclaredChemical registration at the destination where the mineral requires one, named on the contract.
Origin and due diligenceDeclared, with the mine or plant namedCountry of origin, the mine or processing plant, and where required the responsible sourcing statement.

Grades outside this list trade on request. Send us the contract specification you work to and we will price against it.

Locations

CountryRegionWe trade it as
ChinaEast AsiaOrigin and destination
MozambiqueSouthern AfricaOrigin and destination
MadagascarSouthern AfricaOrigin and destination
BrazilSouth AmericaOrigin and destination
Korea, Republic ofEast AsiaDestination
IndiaSouth AsiaOrigin and destination
Sri LankaSouth AsiaOrigin and destination
Tanzania, United Republic ofEast AfricaOrigin and destination
ZimbabweSouthern AfricaOrigin and destination
NamibiaSouthern AfricaOrigin and destination
UgandaEast AfricaOrigin and destination
KenyaEast AfricaOrigin and destination
TurkiyeEurope and AnatoliaOrigin and destination
UkraineEastern EuropeOrigin and destination
Russian FederationEurasiaOrigin and destination
KazakhstanCentral AsiaOrigin and destination
CzechiaCentral EuropeOrigin and destination
GermanyWestern EuropeDestination
United KingdomNorthern EuropeOrigin and destination
ItalySouthern EuropeOrigin and destination
SpainSouthern EuropeOrigin and destination
PolandCentral EuropeOrigin and destination
RomaniaSoutheast EuropeOrigin and destination
BulgariaSoutheast EuropeOrigin and destination
GreeceSouthern EuropeOrigin and destination
NetherlandsNorthwest EuropeDestination and trading hub
BelgiumNorthwest EuropeDestination
FranceWestern EuropeOrigin and destination
United StatesNorth AmericaOrigin and destination
CanadaNorth AmericaOrigin and destination
MexicoNorth AmericaOrigin and destination
ColombiaSouth AmericaOrigin and destination
PeruSouth AmericaOrigin and destination
ChileSouth AmericaOrigin and destination
ArgentinaSouth AmericaOrigin and destination
AustraliaOceaniaOrigin and destination
New ZealandOceaniaOrigin and destination
JapanEast AsiaDestination
ThailandSoutheast AsiaOrigin and destination
IndonesiaSoutheast AsiaOrigin and destination
MalaysiaSoutheast AsiaOrigin and destination
PakistanSouth AsiaOrigin and destination
SingaporeSoutheast AsiaTrading and finance
SwitzerlandWestern EuropeTrading and finance
United Arab EmiratesMiddle EastDestination and trading hub
Saudi ArabiaMiddle EastOrigin and destination
South AfricaSouthern AfricaOrigin and destination
EgyptNorth AfricaOrigin and destination
MoroccoNorth AfricaOrigin and destination
NigeriaWest AfricaOrigin and destination
IsraelMiddle EastOrigin and destination
Viet NamSoutheast AsiaOrigin and destination

Origins and destinations outside this list trade on request. We are not limited to the locations shown here.

Timing

Production is when the mineral is mined and processed at origin, which follows the mine plan and the weather at the pit rather than a crop season. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is drying, grading, bagging and the voyage.

HarvestArrival

OriginJFMAMJJASONDWindow
ChinaHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecThe dominant producer of both flake and amorphous graphite and the centre of spheronising and coating capacity. Heilongjiang mining slows in deep winter.
MozambiqueArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvest Apr to Nov, arrival Jun to JanLarge scale flake production shipping through Nacala and Pemba. The wet season restricts pit operations and haulage.
MadagascarArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvest Apr to Nov, arrival Jun to JanLong established flake production, with the cyclone season limiting the first months of the year.
BrazilHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecMinas Gerais flake and fine flake production supplying the domestic refractory industry and export markets.
Sri LankaHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecThe principal source of vein graphite, a small and distinct trade at very high carbon.
IndiaHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvestHarvest and arrivalHarvest and arrivalHarvest Oct to May, arrival Nov to JunOdisha, Jharkhand and Tamil Nadu production, with mining and drying weighted to the dry months.
TanzaniaArrivalHarvestHarvestHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalArrivalHarvest May to Nov, arrival Jul to JanFlake production shipping through Dar es Salaam and Mtwara, weighted to the dry season.
Korea, Republic ofHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest and arrivalHarvest Jan to Dec, arrival Jan to DecAmorphous production and a large processing sector converting imported flake into anode material.

Windows outside this pattern trade on request, including carry, forward positions and tonnage already sitting in a destination warehouse or terminal.

Customs, packing and contract terms

Indicative terms for graphite. Tariff classification is the importer’s responsibility and limits change, so confirm both against the destination customs authority and the current regulation before you fix a contract.

  • HS heading2504.10 Natural graphite in powder or in flakes
    2504.90 Natural graphite, other
  • PackingBulk in a lined container, 1 t big bags, or 25 kg to 50 kg paper or PP bags on pallets. Moisture and particle size distribution stated on the certificate of analysis at load.
  • Container loading20ft: 26 t to 28 t bulk or big bag. Weight limited well before volume. Check the road weight limit at the destination before fixing the box size.
  • Contract and arbitrationSale on typical analysis with a certificate of analysis at load port and an umpire clause. ASTM and API specifications where they exist, including API 13A for drilling grade barite and bentonite. Arbitration under ICC rules or at the contract seat.
  • Destination limitsEU REACH registration above one tonne per year, respirable dust controls, and battery grade specifications on purity, particle size and tap density that sit far above industrial grade. Several origins licence or restrict graphite exports, so an export licence must be evidenced before the contract is fixed.

Common questions

What grades of graphite does SIP Global trade?

We quote 37 published grades of graphite, including Graphite type - Declared, as flake, vein or lump, or amorphous, Fixed carbon - Percentage by mass, Ash - Percentage by mass, maximum, Volatile matter - Percentage by mass, maximum, Moisture - Percentage by mass, maximum and Sulphur - Percentage by mass, maximum. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is graphite graded?

A graphite contract turns on the crystalline type, on the flake size, and on the carbon assay. Flake size and carbon are quoted together because a large flake at a given carbon is a different product from a fine flake at the same carbon. Grading runs on 5 systems: Chemical assay, Particle size and sizing, Physical properties, Contaminants and regulated substances and Delivery, documentation and certification.

Where does SIP Global trade graphite?

We trade graphite in China, Mozambique, Madagascar, Brazil, Korea, Republic of, India, Sri Lanka and Tanzania, United Republic of and 44 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is graphite harvested and when does it arrive?

Typical windows are China: harvest jan to dec, arrival jan to dec; Mozambique: harvest apr to nov, arrival jun to jan; Madagascar: harvest apr to nov, arrival jun to jan; Brazil: harvest jan to dec, arrival jan to dec; Sri Lanka: harvest jan to dec, arrival jan to dec. Harvest is when the lot is taken at origin, arrival is when a shipment from that origin lands in a consuming market. Windows outside this pattern, including carry, trade on request.

What is the HS code for graphite?

Graphite is normally classified under HS 2504.10 (natural graphite in powder or in flakes) and HS 2504.90 (natural graphite, other). The heading follows the form the goods are in at the border, and national tariffs extend it beyond six digits, so confirm the full line with the destination customs authority before you fix a contract.

How do I get a price for graphite?

Send the grade, the origin and the delivery window to the SIP Global desk. That is enough for a trader to come back with a level and a settlement route. 1 listed graphite market is published on this page, each with its full specification and terms. We take both sides, physical and financial, prompt to long dated.

Standards and data sources

The grading language on this sheet follows published standards. Trade volumes and tariff lines are public record. Verify anything here against the source.

  • ISOInternational Organization for Standardization
  • UN ComtradeOfficial international trade statistics by HS code
  • ITC Trade MapBilateral trade flows and tariff data
  • FAOSTATFAO production and trade series for agricultural commodities

Price this with our desk

Grade, origin and window if you have them. If what you are carrying does not fit the sheet above, describe it in your own words and a trader will take it from there.

Nothing here matches what you are holding? Send it anyway. The sheets cover the markets we publish, not the limit of what the desk will look at.

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