Graphite electrode market continues to be optimistic,  overall price is expected to rise

[Graphite electrode] At present, domestic graphite electrode market price is stable, and individual enterprises raise their quotation. Downstream steel plants are positive in picking up goods, but the arrival situation is not optimistic, and basically maintain normal production. At present, the epidemic prevention and control upgrade in many areas of China, which not only affects the steel market demand, but also reduces the production of a few blast furnaces in Shandong, Tangshan of Hebei province and other areas due to the obstruction of some raw fuels. If raw materials are insufficient in the later stage, the phenomenon of passive stuffy furnace will not be ruled out. The demand side is still dominated by rigid demand.

As of March 24, 2022, graphite electrode price: Ultra-high power graphite electrode φ450 quoted 24000-24500 yuan/ton, φ600 quoted 27000-28000 yuan/ton; High power graphite electrode φ300-500 quoted 22000-24500 yuan/ton; Regular power graphite electrode φ300-500 quoted 20,000-22500 yuan/ton.

Integrated forecast: Raw material market continues to support the cost of graphite electrode, tight market supply continues, demand for graphite electrode procurement increment is limited, but long-term demand is expected to be good, the follow-up graphite electrode market continues to be optimistic, overall market is still strong and showing an upward trend, reading more graphite market info. contact us.