Weak supply and demand, graphite electrode prices remains stable

Current review: April 14, graphite electrode prices remained stable. At present, due to environmental protection control and epidemic prevention and control in some regions, enterprises production is limited, and raw materials cost continues to be high. The continuous high cost of raw materials puts pressure on a part of small enterprises' production, which affects the release of graphite electrode output to a certain extent; The demand of downstream EAF steel plants continues to be light. In general, some EAF steel plants still have a certain amount of graphite electrode inventory, and the purchasing sentiment of steel plants is relatively general.

April 14, 2022, graphite electrode market price:

1. Ultra-high power graphite electrode φ 450 quoted 24000-24500 yuan/ton, φ 600 quoted 27000-28000 yuan/ton;

2. High power graphite electrode φ 300-500 quoted 22000-24500 yuan/ton;

3. Regular power graphite electrode φ 300-500 quoted 21000-22500 yuan/ton.

Overall forecast: At present, the price of graphite electrode raw materials rises frequently, production cost pressure increases, and the profits of electrode enterprises are compressed. As a result, the production enthusiasm of graphite electrode enterprises is reduced, and the supply side is weak. In the short term, graphite electrode market price is still expected to increase, contact us for more graphite market news.