Raw materials prices are high, graphite electrode demand revives 

The above table shows the price of HP (high power) and UHP (ultra-high power) graphite electrode. Specific analysis as follows:

Raw material side: After the Spring Festival, the raw petroleum coke prices has fluctuated. The market atmosphere was fair and the price was relatively chaotic. The high-quality needle coke price was stable, and the mainstream price is between 8500-9500 yuan/ton (tax included).

Demand side: The main terminal of China's graphite electrode is electric furnace steelmaking. Iron and steel enterprises have resumed production after the holiday, while market demand has not yet been fully released and still needs to be more actively released. According to customs statistics, from January to December this year, the total export of carbon electrode for furnace was about 343,500 tons, a year-on-year decrease of about 82,500 tons, a decrease of about 19.3%.

Graphite electrode price is affected by the support of raw materials and is expected to continue to fluctuate, please contact us for detaill information.