2021 Graphite electrode market and price trend summary

Graphite electrode

Market supply and demand game, graphite electrode price rises and falls alternatively.

In 2021, graphite electrode market price in China showed a step-by-step rise and fall, and the overall price showed a rising trend compared with last year.

Specific analysis:

• On the one hand, under the background of global "resumption of work" and "resumption of production" in 2021, with the development of global economic inflation in the first half of the year, the demand for crude steel is expected to be better, steel price is strong and rising sharply, steel profits are considerable and production is positive, graphite electrode purchasing mood is good, some specifications of graphite electrode are in short supply; On the other hand, in 2021, the price of bulk commodities rose rapidly, the price of raw materials upstream of graphite electrode rose comprehensively, and the production cost of graphite electrode enterprises increased rapidly. Superimposed on the above factors, graphite electrode price showed a steady upward trend in the first half of 2021.

• With the introduction of policies to reduce crude steel production in various provinces, the pressure on steel plants to reduce production is large, and the production of graphite electrode enterprises and downstream steel plants is limited by superimposing factors such as power restriction, production restriction and environmental protection of the Winter Olympic Games. The market shows a situation of weak supply and demand. However, the upstream raw material price of graphite electrode is always high, the cost pressure of graphite electrode enterprises is high, the profit space is limited, under the graphite electrode market game mood the price rises and falls alternatively. By the end of the year, the demand side of the graphite electrode market continued to be weak, the market trading sentiment was bad, and the graphite electrode price showed a stalemate and weak situation, contacting us for the professional GE market information.