Graphite electrode market spot tightening, prices continue to rise

Through investigation and investigation, the current graphite electrode market has an obvious upward trend. The ex-factory tax-inclusive mainstream quotation of ultra-high power graphite electrode with a diameter of 450mm is concentrated between 22,000-24,000 yuan/ton, and the ex-factory tax-inclusive mainstream quotation of high-power graphite electrode is concentrated between 21,000-22,000 yuan/ton.

Market changes mainly depend on the following aspects: First of all, upstream raw material prices are generally pushed up, low sulfur coke and needle coke prices remain high, and graphite electrode manufacturers cost pressure increases; Secondly, affected by public health events and large-scale activities, limited production and tight spot supply, there are many favorable factors supporting graphite electrode price, strong driving force of price rise.

In terms of downstream demand, due to the winter and Paralympic Games and other environmental protection requirements and the impact of the current market steel price fluctuations, graphite electrode downstream steel plants are still in the stage of production recovery, the demand for graphite electrode is limited, mostly just purchase on demand. In addition, due to the conflict between Russia and Ukraine and EU anti-dumping, graphite electrode exports declined in the short term.

Overall, raw materials price continues to rise, as well as the gradual recovery of downstream steel plants production and good demand development performance, graphite electrode market price may continue to rise in the near future, reading more graphite market news contact us.