Graphite electrode price pushed up strongly

According to the survey, the current mainstream quotation of 450mm ultra-high power graphite electrode factory including tax is concentrated between 22,500 and 23,000 yuan/ton, and the price continues to rise.

Under the influence of continuous limited power production, the start-up of electrode enterprises is weakened, the graphitization capacity is reduced again, and the supply of goods in the field is tight. Some enterprises are reluctant to sell.

On the raw material side, the market of petroleum coke and needle coke increased significantly. The price of mainstream refineries of petroleum coke increased by about 700 yuan/ton in a week. The market of needle coke, coal asphalt and other raw materials was under pressure. At the same time, the superimposed graphitization cost continued to rise, the cost of graphite electrode continued to be high, the market price was strong, and the bullish atmosphere was strong.

In terms of downstream demand, the trading is passable. Under the continuous influence of the steel plant production reduction policy, the demand release is weakened, and the electrode supply is slightly tight, it is mainly to follow up the rigid demand.

It is expected that under the continuous pressure from the cost side, the price of graphite electrode may continue to be bullish in the short term, and the downward space is limited, get the latest news from us.