Graphite electrode market cost continues to increase 

Current review

On April 26, 2022, the graphite electrode market was strong and stable. At present, the raw material end petroleum coke price rising trend continues, main refineries’ quotations continue to rise steadily, and price remains strong; Raw material costs continue to support electrode prices. 

In terms of graphitization, the anode materials market is crowded and the resources are tight. The high processing cost also supports electrode cost. At present, the graphitization processing cost of graphite electrode is about 5600 yuan/ton.

 In terms of supply, enterprises’ overall production remains stable. Under high cost pressure, some small enterprises reduce production, but most mainstream enterprises maintain normal production status, and the electrode supply is also relatively stable. Downstream steel plants demand performance is relatively general. Some steel enterprises have stopped production for maintenance. EAF steel capacity utilization rate of 135 steel plants in China has decreased to 50.85%, and the capacity utilization rate has also decreased, which is bad for graphite electrode market demand; As the impact of the epidemic is weakened, it is expected that steel mills’ graphite electrode demand will increase in May. Under the expectation that graphite electrode market cost will continue to increase, domestic graphite electrode market price is predicted to continue to rise in the short term.

Price trend

On April 26, 2022, the market price of graphite electrode in China:

1. RP graphite electrode (300mm ~ 600mm) was 21000 ~ 24000 yuan/ton;

2. HP graphite electrode (300mm ~ 600mm) was 22000 ~ 25000 yuan/ton;

3. UHP graphite electrode (300mm ~ 600mm) was 24000 ~ 28000 yuan/ton. For more graphite electrode news contact us.