Graphite electrode price increased slightly this week (12.5-12.9)

Price Quotation:

This week, China's graphite electrode (450mm; high power) average market price was 22375 yuan/ton, up 1.70% from last week. The mainstream price rose from 21000-23000 yuan/ton at the end of last week (12.2) to 21500-23500 yuan/ton at the end of this week (12.9).

This week, China's graphite electrode (450mm; ultra-high power) average market price was 22875 yuan/ton, up 1.67% from last week. The mainstream price rose from 21500-23500 yuan/ton at the end of last week (12.2) to 22000-24000 yuan/ton at the end of this week (12.9).

General Comments:

This week, graphite electrode market price rose slightly, the cost end of raw materials operated stably, and factory profits were always insufficient. The rising sentiment continued under the pressure of business; Under the pressure of operation, the enterprises' sentiment of rising prices continues to exist; However, under the influence of cold demand and environmental protection production restriction, the situation of enterprises stopping and reducing production increased, and the supply of electrode market was tight, providing support for enterprises to raise prices. At present, the epidemic control in some regions is still relatively strict, and the local enterprises' production is limited. However, the epidemic prevention and control policies in most regions are relaxed, and most enterprises' production and logistics transportation remained normal. Therefore, the industry startup and operation in the later stage is greatly affected by the enterprise's production intention and environmental protection control. In terms of raw materials, petroleum coke price is stable and weak, the coal tar pitch market continues to be strong needle coke price remains stable. The overall cost supports the electrode price. Downstream steel plants' operating rate is mainly declining. In the case of industrial losses, enterprise lacks enthusiasm for production, and the procurement is also weak, mainly based on specific needs.

In the short term, the cost of raw materials is high, and industry operating rate is insufficient, which has certain positive support for the electrode industry; However, downstream demand continues to be weak. Due to insufficient follow-up of new orders, the new price has not been well implemented; In the short term, the industry may continue to operate smoothly, the electrode price will be temporarily stable, and the implementation of the new price will be a priority. Learn more about the market analysis of graphite electrode. Welcome to communicate with us.