Today, China’s graphite electrode market is stable, and both supply and demand are weak. At present, although the price of low-sulfur coke upstream of graphite electrodes has fallen and the price of coal pitch has fallen, the price of needle coke is still high, and the cost of graphite electrodes is still high due to the increase in electricity prices. Downstream of graphite electrodes, domestic steel spot prices have fallen sharply, steel mills are losing money, superimposed by environmental protection restrictions in autumn and winter in northern regions, downstream demand continues to shrink, steel mills actively restrict production and stop production, under-operating, and weak operation. Graphite electrode market shipments are still mostly based on the implementation of pre-orders. Graphite electrode companies have no inventory pressure. New orders in the graphite electrode market are limited, but the supply side is tight as a whole, and the graphite electrode market prices remain stable. As of today, mainstream prices for graphite electrodes in China with a diameter of 300-600mm: ordinary power 16750-17750 yuan/ton; high-power 19500-21000 yuan/ton; ultra-high-power 21750-26500 yuan/ton. Downstream companies are holding a wait-and-see attitude, and the progress of sourcing has slowed down compared with the previous period.
Post time: Dec-06-2021