Graphite electrode price rise nearly 7% at present and nearly 30% compared with last year

On May 6, 2022, graphite electrode was quoted at 25420 yuan/ton, an increase of 6.83% compared with yesterday. Graphite electrode prices have risen steadily this year, with the latest price up 28.4% compared with the beginning of the year.

Graphite electrode price increase, on the one hand, due to the rising cost, on the other hand, related to the weakening of industry supply.

Since this year, graphite electrode upstream petroleum coke prices continue to rise, as of April 28, low sulfur petroleum coke prices generally increased 2,700-3680 yuan/ton compared with the beginning of the year, with a composite rise of about 57.18%. Since last year, affected by the booming anode materials market, anode material enterprises have a large demand for graphitization and graphite crucible. Under the influence of profits, some graphite electrode enterprises turned to do anode graphitization and graphite crucible products, resulting in the shortage of graphitization and baking processing resources in graphite electrode Market and the increase of graphitization costs.

From October 2021, due to the impact of environmental protection production restriction and epidemic situation in autumn and winter, graphite electrode market producing operation continued to be limited; By the end of March, the overall operating rate of graphite electrode market was about 50%. Under the double pressure of high cost and weak downstream demand, some small and medium-sized graphite electrode enterprises have insufficient productivity. Meanwhile, in the first quarter, China's imported needle coke decreased by about 70% year-on-year, and the overall production of graphite electrode market was insufficient. Reading more graphite electrode market news, please follow us.