At present, the price of graphite electrode upstream low sulfur coke and coal asphalt prices rise slightly, the price of needle coke is still high, combined with electricity price rising factors, graphite electrode production cost is still high. Graphite electrode downstream domestic steel spot price fell, superimposed in the northern autumn and winter environmental protection production limit, downstream demand continues to shrink, steel mills actively limit production and production increase, start insufficient, weak operation. Graphite electrode market shipments are still mainly to execute early orders, graphite electrode enterprises have no inventory pressure, graphite electrode market new single transaction is limited, but the overall supply side is tight, graphite electrode market price is stable.
This week domestic graphite electrode market wait-and-see atmosphere is thicker. Near the end of the year, the northern region of the steel mill due to seasonal influence, operating rate has declined, while the southern region continues to be limited by electricity, production is below the normal level, the graphite electrode demand compared to the same period, a slight decline, the steel mill is also based on demand procurement.
Export: there are many overseas inquiries recently, but most of them are for products in the first quarter of next year, so there are not many actual orders, and they are mainly wait-and-see. In the domestic market this week, due to the price decline of some petroleum coke plants in the early stage, the mentality of some traders fluctuates slightly, and other mainstream graphite electrode manufacturers are still mainly stable. Near the end of the year, some manufacturers withdraw funds, performance sprint, so it is normal for the price of graphite electrode to fluctuate slightly.
As of today, China’s graphite electrode diameter 300-600mm mainstream price: ordinary power 17000-18000 yuan/ton; High power 19000-21000 yuan/ton; Ultra high power 21000-26000 yuan/ton. Downstream enterprises hold a wait-and-see attitude, the progress of the early slowdown.
Global Graphite Electrode (Graphite) main manufacturers are GrafTech International, Showa Denko K.K, Tokai Carbon, Carbon new materials technology co., LTD., Graphite India Limited (GIL), the world’s top two graphite electrode manufacturers together occupy more than 35% of the market share. The Asia-Pacific region is currently the world’s largest graphite electrode market with an estimated 48% market share, followed by Europe and North America.
The global graphite electrode market reached 36.9 billion yuan in 2020, and is expected to reach 47.5 billion yuan in 2027, with a compound annual growth rate (CAGR) of 3.5%.
Post time: Dec-27-2021