【Graphitized Carburant】May Have Room for Rebound

Graphitized Carburant market has been weak this week, with a sluggish trend, uncertain direction, and chaotic market quotations. According to research, the concentrated quotation range in North China is 5400-5500 yuan/ton, and in East China, it is between 5400-5500 yuan/ton, with similar price levels in various regions and currently in a weak operating state.

On the upstream raw material side, the petroleum coke market is generally traded, but with some regional coke prices continuing to rise, the market atmosphere is gradually becoming active. The price of Jinxi petrochemical petroleum coke has shown a rebound trend, and the cost support for graphitized Carburant is gradually increasing, so the offer price may have an upward potential. Currently, spot inventory in the market is low, and the overall supply is relatively scarce.

On the downstream demand side, steel companies' purchases are still mainly in a wait-and-see mode. Due to the weak rendering of graphitized Carburant in the early stage, the procurement atmosphere is tepid. In addition, steel companies urgently need positive factors to stimulate sales. Under the current low-level operation, production enthusiasm needs to be improved, and the demand for graphitized Carburant is mostly driven by rigid demand with low replenishment sentiment.

Overall, the graphitized Carburant market, which has been continuously weak in the early stage, may have upward potential in market prices due to the support of upstream raw material prices, and if the positive factors are followed up by the demand side, the confidence in the graphitized Carburant market will be boosted. Learn more about carburant industry reports, feel free to contact us.