The price of graphite electrode is expected to rise by 2000 yuan/ton in the near future

The price of graphite electrode has been increased recently. By February 16, 2022, the average price of graphite electrode market in China was 20,818 yuan/ton, up 5.17% from the beginning of the year and 44.48% from the same period last year. Analysis of the main factors affecting the market price pattern of graphite electrode is as follows:

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1. The upstream raw material price of graphite electrode has been increased, the cost pressure of graphite electrode continues to increase, and the demand of enterprises is obvious.

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2. The anode material market has good trading performance, which has certain support for the price of low sulfur petroleum coke, needle coke and graphitization price, and occupies part of the graphitization capacity of graphite electrode, limiting the production of some non-full process graphite electrode enterprises to a certain extent.

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3, Henan, Hebei, Shanxi, Shandong and other areas of graphite electrode enterprises are under the Control of the Winter Olympics environmental protection, enterprises are greatly affected by the production limit, some enterprises have stopped production, is expected to resume production at the end of February or early March. Graphite electrode market as a whole start insufficient, some specifications of graphite electrode supply has been tight.

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4, graphite electrode downstream steel mill is complex state, and before the Spring Festival by the Winter Olympics and crude steel production reduction and other factors, the graphite electrode stock is less than in previous years, with the resumption of steel, graphite electrode demand is better.

To sum up, graphite electrode market in the demand for better, tight supply, high cost driven by three good, graphite electrode market price is still bullish expectations, is expected to increase by about 2000 yuan/ton.

 


Post time: Feb-24-2022