Price:
Graphite electrode of China today (450mm; High power) market tax inclusive cash quotation is stable, currently in 24000~25500 yuan/ton, the average price of 24750 yuan/ton, no change from yesterday.
Graphite electrode of China today (450mm; Ultra-high power) market tax-inclusive cash quotation is stable, currently in 26500~28000 yuan/ton, the average price of 27250 yuan/ton, no change from yesterday.
Synthesis:
Recently, the graphite electrode market is stable and weak. Under the influence of the price reduction of raw material petroleum coke, the prices of high power and ordinary power electrode are difficult to maintain strong. Some enterprises try to adjust the price.
Raw material market:
The price of petroleum coke and coal asphalt began to decline, and the raw material market was difficult to maintain firm under the condition of increased supply and insufficient demand. The cost support of high power and ordinary power electrode was weakened, and the superposition demand was slightly cold, and the initiative of enterprises to reduce the price was reduced. Needle coke by negative coke market support enterprise quotation is generally stable, ultra-high power electrode cost is still supported, the current enterprise price is mainly stable.
Downstream market:
The procurement demand of downstream factories is relatively general, and the steel mills are affected by the epidemic, profit, demand and other factors, and the procurement demand for electrodes is weak. Industrial silicon market is weak in the case of enterprise enthusiasm to start, negative electrode market consumption; With the arrival of yellow phosphorus in the later stage of the wet season, the demand for electrodes may increase.
CBC view:
In the short term, petroleum coke, coal tar market low cost end of electrode supporting weakened, but still support the needle coke prices high high power products, just need to follow up on the electrode market demand side continued good support is limited, the late high power, average power electrode or callback will be high price, uhp electrode continued stability. Source: CBC Metals
Post time: Jun-09-2022