The price of domestic UHP graphite electrode is relatively strong

The price of domestic UHP graphite electrode is relatively strong

Recently, the price of domestic graphite electrode is stable, medium and strong. As of October 29, ultra-high power graphite electrode φ400 quotation price was 20,000 yuan/ton, the quotation of φ600 was 25,000 yuan/ton. Week on month flat, the market transaction is acceptable.

In terms of supply, the supply of ultra-high power graphite electrodes is tight due to the influence of limited electricity, and the inventory of some manufacturers is low, especially in Inner Mongolia, Shanxi, Hebei, Shandong and other places.

In terms of demand, the bidding of steel plants has been carried out successively this week, and the bidding prices of steel plants in some regions are basically close to the market quotation. As the autumn and winter heating season is approaching, the environmental protection policy is becoming tighter and stricter, steel stocking intention appears, which may stimulate the downstream demand in the short term. However, due to the influence of futures recently, the domestic steel market is in a downturn, the billet cost is upside down by more than 100 yuan, it may negatively affect the purchase price of raw materials. 

In general, the domestic ultra-high power price is expected to rise, but the rise may slow down, get the latest graphite electrode market news contact us.