Since the second half of 2024, the price of Coconut Shell Activated Carbon (CSAC) has continued to rise, transforming from a common environmental material into highly sought-after "black gold." This article briefly analyzes the core drivers behind this trend.

Supply-side contraction

Major producing countries in Southeast Asia (such as the Philippines and Indonesia) experienced natural disasters in 2024, leading to a decline in coconut production. Coupled with an increase in the number of local processing enterprises and intensified competition, raw material supply has tightened.

Rising transportation costs

The Red Sea crisis has caused adjustments in shipping routes, leading to a significant increase in freight costs. Additionally, heightened safety requirements in transportation and storage have further driven up expenses.

Growth in demand

Sectors such as sodium-ion batteries, water treatment, and air purification have seen explosive growth in demand for coconut shell carbonized material. In particular, the demand for coconut shell carbon from the sodium-ion battery hard carbon anode sector has driven price increases.

In summary, the price of coconut shell carbonized material has entered an upward trend since the second half of 2024 and continues to now.