China's graphite price continues to rise, which may continue to rise according to analysis

At present, China's graphite electrode price is in a rising trend. According to Liu Ronghua, Deputy Secretary General of the Graphite Professional Committee of China Non-Metallic Minerals Industry Association, said that graphite electrode price may continue to rise due to insufficient supply and other reasons.

"Mainly due to the impact of environmental protection factors, many enterprises have stopped production. In addition, the production cycle of electrodes is relatively long, which takes at least three months. Therefore, the market demand exceeds supply. Some enterprises can't buy goods even if they have money. In the past, it was often the case that the goods were sold and the money could not be collected. Now it is the seller's market and the customer has to pay in advance. " Liu Ronghua said.

It is understood that due to the impact of environmental protection supervision this year, the graphite electrode manufacturers in Hebei, Shandong, Henan and other provinces are in a state of limited or suspended production, and some institutions predict that the annual output will be less than 500,000 tons; At the same time, the rectification of grounding rod steel in China has led to an increase in demand for electric arc furnaces in steel plants. It is estimated that the annual demand for graphite electrodes may reach 600,000 tons.

Affected by this, needle coke, the main raw material of graphite electrode, is also in a soaring state. Since the beginning of the year, needle coke prices have risen as high as 329%. Some enterprises reported that the quotation of needle coke on Monday was 10,000 yuan, and it was already 14,000 yuan on Wednesday. Graphite electrode market supply and demand analysis, welcome to contact us.