Graftech: In the second quarter graphite electrode price was stable, production and sales volume both decreased MoM

Graftech Inc., the global graphite electrode giant, recently said that its sales in the second quarter of 2022 increased by 10% year-on-year, mainly due to the increase in the proportion of non-long-term trade volume in 2022, which alleviated the pressure caused by geopolitical conflict and economic uncertainty. 

In the second quarter of 2022, Graftech produced 44,000 tons of graphite electrodes, with a increase of 1% year-on-year, but a decrease of 4.78% month-on-month, and the capacity utilization rate dropped to 86%; The actual sales volume was 42,300 tons, down 2.31% month-on-month.

From the perspective of sales structure, Graftech graphite electrode 24,000 tons for long-term cooperative trade, 18,000 tons for non long-term cooperative trade in the second quarter, among which, the weighted average price of long-term trade agreements in the second quarter was $9600/ton (3 to 5 years), while the weighted average price of non long-term trade agreements reached $6000/ton, an increase of 46% over the second quarter of 2021 and basically the same as the first quarter of 2022. Reading more international graphite market news, feel free to contact us.