Graphite electrode latest market analysis (December 19)

Graphite electrode: This week, the graphite electrode market continued to operate weakly and stably, and the downstream demand was weak. Enterprises cut prices to promote their products at the end of the year to clear the inventory and withdraw funds, but the effect was relatively general, and the market trading was still light. At present, some factories are still short of electrode resources of individual specifications, so the quotation is relatively strong, but most enterprises hold a bearish view on the market, especially the price of raw material petroleum coke and coal pitch is reduced, the price of high-power and regular power graphite electrode is correspondingly reduced, and the ultra-high power graphite electrode market remains high under the condition of strong needle coke price. In the downstream aspect, the operating rate of electric furnace steel remains low due to the influence of environmental protection inspection and power limit and production limit. The scrap price rises, the profit space of steel mills is compressed. Near the end of the year, the steel mills mainly clean up the inventory, the demand for electrode procurement and stocks is not high, to read more graphite electrode price news contact us.