Both supply and demand are weak, graphite electrode enterprises hold price and wait-and-see the market

Market Review:

At present, the graphite electrode market is operating steadily, the upstream high-end low sulfur coke price remains high, the production cost of graphite electrode enterprises is also at a high level, the downstream steel plants remains lossmaking, the steel plants production is still insufficient, graphite electrode market demand is weak, enterprises continue to control production, mainly produce by order. At present, the graphite electrode market is still weak in supply and demand. Graphite electrode enterprises hold their prices forming a game with the downstream weak demand market. The overall market showed obvious wait-and-see sentiment. In the short term, graphite electrode market is expected to remain weak and stable.

Graphite electrode price last week:

Regular power graphite electrode (300mm~600mm) was 20250 yuan/ton;

High power graphite electrode (300mm~600mm) was 21500 yuan/ton;

Ultra high power graphite electrode (300mm~600mm) was 24500 yuan/ton.

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