The demand is light, graphite electrode market prices remains stable

Current review: On April 16, graphite electrode market price remained stable. Affected by the relatively low volume of steel market transactions, steel plants have general enthusiasm for graphite electrode procurement. Due to the high price of graphite electrode raw materials and other factors, graphite electrode enterprises' production enthusiasm is still relatively general. In addition, under the recent epidemic influence, the production and shipment of graphite electrode enterprises and downstream steel plants are subject to certain restrictions. In the short term,  graphite electrode market supply and demand are both weak. 

April 16, 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: In the short term, graphite electrode downstream enterprises will purchase on demand, and the demand is weak. However, graphite electrode raw materials price remains high and rising, which has brought increasing cost pressure to the graphite electrode market, the profits of graphite electrode enterprises are compressed, graphite electrode prices are still expected to rise. Reading more graphite market infomation chat with us.