【Graphite Electrode】Prices Hold Steady Amid Moderate Market Sentiment

Price Snapshot (Diameter 450mm, Including Tax)

1. Ultra-High Power (UHP): 14,000–14,500 RMB/ton

2. High Power (HP): 13,000–13,500 RMB/ton

3. Regular Power (RP): 12,000–12,500 RMB/ton

Market Analysis

Raw Material Side:

• The petroleum coke market remains stable, with independent refineries reporting smooth sales and manageable inventory pressure.

• Needle coke (petroleum-based) prices are holding at 6,500–7,800 RMB/ton, with limited short-term fluctuation.

• Electrode manufacturers show strong price-maintenance intentions due to cost support.

Demand Side:

• Demand is subdued during the seasonal off-peak period, particularly in northern regions where many construction projects have halted.

• Weak end-user demand has led to muted transactions, with some anticipation of supply-demand imbalances as the Lunar New Year approaches.

• In the absence of significant macroeconomic stimuli, short-term demand is likely to remain weak.

Market Outlook

Supported by stable raw material costs, graphite electrode prices are expected to remain steady in the near term. However, with unclear demand growth and the current weak market sentiment, prices may exhibit a slightly weak-to-stable trend going forward.

Manufacturers and buyers should remain cautious, closely monitoring raw material fluctuations and potential policy shifts that could influence demand recovery.

Feel free to contact us anytime for more information about the Graphite Electrodes market. Our team is dedicated to providing you with in-depth insights and customized assistance based on your needs. Whether you have questions about product specifications, market trends, or pricing, we are here to help.