Graphite Price Assessment Methodology

Download Graphite Price Assessment Methodology

Introduction

Benchmark strives to create methodologies that accurately reflect the market dynamics of the industries we cover and allow for independent data collection, free of distortion or misrepresentation.

In the graphite market, we have identified 14 grades that reflect the existing balance of trade and production in the market, a list of which are included in this document (see pg 5).

Process

Benchmark price assessments are collected by polling a cross-section of active market participants. Our team of analysts verify and substantiate this information through a range of primary and secondary sources.

This information is reviewed in monthly meetings, during which our analysts collate all data received and agree on an independent range (high and low) for prices reflective of prevailing market trends.

The information received is weighted according to volume, grade, and the credibility of the information source in order for our analysts to set a price range reflective of the majority of material traded each month.

Where a single price point is published, it will reflect the mid-point of the high and low range, unless otherwise stated.

Data published at the beginning of each calendar month relates to transactions from the previous month.

As the markets we cover are not exchange traded, all pricing data we receive is acquired privately from the market and logged internally.

Benchmark analysts continually seek to increase our pool of price points (contacts). Although the number of contacts for any one price point can vary, the insight and experience of our analysts ensure that all data published can be authenticated and supported by market intelligence.

If at any time the number of contacts for any one grade falls to a point where data cannot be sufficiently verified, the grade is reviewed by the supervising editor.

Due to the rigid nature of the markets we monitor, price ranges are set on a monthly basis in order to allow for a sufficient number of trades to be completed to reflect a consistent market trend.

You can read the full contents of the Graphite Pricing Assessment Methodology here