In 2021, the price of China’s graphite electrode market will rise and fall step by step, and the overall price will increase compared with last year.
Specifically:
On the one hand, under the background of the global “resumption of work” and “resumption of production” in 2021, the global economic inflation in the first half of the year is expected to be in short supply of crude steel. Steel prices have risen sharply, and steel mills have considerable profits. They are actively producing and purchasing graphite electrodes. The mood is good, and some specifications of graphite electrodes are in short supply; on the other hand, commodity prices will rise rapidly in 2021, and the prices of upstream raw materials for graphite electrodes will go up, and the production costs of graphite electrode companies will increase rapidly. The combination of the above factors is positive for the overall performance of graphite electrode prices in the first half of 2021 to be a steady upward trend.
With the introduction of policies to reduce crude steel output in various provinces, steel mills are under greater pressure to suppress production, and due to factors such as power curtailment, production limit, and environmental protection in the Winter Olympics, graphite electrode companies and downstream steel mills are restricted in production, and the market is characterized by weak supply and demand. situation. However, the prices of the upstream raw materials of graphite electrodes are always high, the cost pressure of graphite electrode companies is high, and the profit margins are limited. The prices of graphite electrode market have gone up and down under the game mood of the graphite electrode market. By the end of the year, the demand side of the graphite electrode market continued to be weak and negative for market trading sentiment, and the price of graphite electrodes remained weak.
Post time: Jan-04-2022