The market price of graphite electrode has been rising for about half a year, and the price of graphite electrode in some markets has loosened recently. The specific situation is analyzed as follows:
1. Increased supply: In April, supported by the profits of the electric furnace steel plant, the production started more actively and the procurement of graphite electrodes was active. The supply of graphite electrodes in the market was short for a time. Influenced by the long production cycle of graphite electrode, the early production capacity of graphite electrode enterprises has been released to the market recently, and the supply of graphite electrode has increased.
2. Reduced demand: July entered the traditional steel off-season, the price of lumber fell, and the profits of steel mills were reduced. In order to reduce the sales pressure, some regions began to take the initiative to stop production for maintenance or shorten the production time. In addition, due to the influence of the party building activities and the power restriction policy in July, the construction of steel mills further decreased, and the demand for graphite electrodes decreased.
3. Market mentality differentiation: In late May, the price of low-sulfur petroleum coke, the upstream raw material of graphite electrode, declined significantly, which affected the market mentality. Mainstream graphite electrode enterprises have a high market share and strong pressure resistance, and most of them hold the attitude of supporting price operation; On the one hand, some small and medium-sized graphite electrode enterprises in order to increase their market share, on the other hand, because of the more cautious attitude of enterprises, enterprises are unwilling to bear the risk of accumulation of inventory, in the lower price of downstream enterprises, profit delivery. Market mentality differentiation, the price of graphite electrode decreased.
Post time: Aug-11-2021