Graphite electrode price is strong and stable, downstream market is traded on demand

Current review: On April 24, domestic graphite electrode market price was strong and stable. At present, downstream steel plants operation continue to be limited, and the demand for graphite electrode has not been released. In terms of cargo arrival, regional differences have widened due to repeated outbreaks in many parts of China. The arrival volume of steel plants in East China has improved, while that in Central and North China has become more and more serious. The replenishment demand of steel plants is the main feature, which is conducive to graphite electrode future trading.

April 24, 2022 Graphite electrode market price:

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

Future outlook: Downstream steel plants purchase mainly based on demand, raw material prices continue to rise, under high costs pressure, graphite electrode market new orders price mainly slowly upward. In the short term, graphite electrode market prices are expected to rise, follow us for more graphite electrode market forecast.