The 12th International Needle Coke and Application Market Summit Forum

Under the background of boosting demand, the needle coke market as a whole to maintain a steady upward trend in 2021, and needle coke volume and price have good performance.  Get the super power graphite electrode products. Looking at the market price of needle coke in 2021, it has increased to a certain extent compared with 2020. The average price of domestic coal series is 8600 yuan/ton, the average price of oil series is 9500 yuan/ton, the average price of imported coal measures is 1275 dollars/ton, and the average price of oil measures is 1400 dollars/ton.

The global economic inflation caused by the epidemic has led to a sharp rise in commodity prices, and both China steel production and prices hitting record highs. In the first half of this year, China's electric furnace steel output reached 62.78 million tons, up 32.84 percent year on year. It is expected that the annual output is expected to hit the 120 million mark. Under this influence, China's graphite electrode market showed a rapid recovery trend in the first half of 2021, with the average price rising by nearly 40% compared with the beginning of the year. With the increase in market demand brought by the stabilization of overseas epidemic and the carbon neutrality target of carbon peak in 2021, iron and steel, as a highly energy intensive industry, is facing great transformation pressure. At present, electric furnace steel accounts for about 60% in Europe, the United States, India and other countries, 20-30% in other countries in Asia, only China is relatively low at 10.4%. It can be seen that the future of China's electric furnace steelmaking growth space is very large. These will provide strong support for the demand for large-scale UHP graphite electrodes. It is estimated that the output of graphite electrode in China will exceed 1.1 million tons in 2021, and the demand for needle coke will account for 52%.

Under the background of the rapid increase of the global market share of new energy vehicles, the demand at home and abroad resonates. In 2021, the market volume and price of lithium battery cathode materials rise together, with a significant growth rate. Despite the combination of energy consumption control and environmental protection in Inner Mongolia and the fact that only 70% of the production capacity of the main production areas of negative graphitization was released, the output of negative materials in the first half of this year still showed a year-on-year growth of 143%. It is expected that the annual negative output in 2021 will reach about 750,000 tons, and the demand for needle coke accounts for 48%. The demand for needle coke continues to increase greatly.

With the increase of demand, the designed production capacity of needle coke in Chinese market is also very large. According to statistics, the total capacity of needle coke in China will reach 2.18 million tons in 2021, including 1.29 million tons of oil series capacity and 890,000 tons of coal series capacity. How will the rapidly increasing supply of needle coke in China affect the current pattern of needle coke supply in China and globally? What is the price trend of needle coke in 2022?

In addition, will the supporting policies related to the development of EAF steel be implemented in 2022? The recovery of China's graphite electrode market export in 2021 has attracted anti-dumping cases from the EU and relevant regions. What will happen to the export situation in 2022? Communicate with us for more detailed news.