With the increasing demand, graphite electrode market price continues to rise

Today, graphite electrode market price continues to rise. Downstream electric furnace steel operation  has gradually increased. With the consumption of raw materials inventory in the early stage,  the subsequent graphite electrode procurement demand will increase, further support the price of enterprises. It is expected that graphite electrode enterprises will completely resume production in mid March, and the needle coke enterprises at the raw material end will continually resume production. With the easing of the tight supply of raw materials, graphite electrode enterprises high cost situation may be improved. 

As of March 2, 2022, ultra-high power graphite electrode φ 450 quotation was 22500-23500 yuan/ton, φ 600 quotation was 26000-27500 yuan/ton; High power graphite electrode φ 300-500 quotation was 20500-23000 yuan/ton; Regular power graphite electrode φ 300-500 quotation is 18000-20500 yuan/ton.

In general,  the cost pressure of graphite electrode enterprises is increasing, the price support sentiment has also increased. In addition, graphite electrode enterprises production resumption progress is slow, some specifications continues tight supply. In the short term, graphite electrode price will keep rise. For more graphite electrode market news chat with us.