THE PRICE OF GRAPHITE ELECTRODE IS EXPECTED TO INCREASE BY $400/T IN THE FUTURE

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.

The price of low sulfur petroleum coke increased substantially, as of February 16, the average price of low sulfur petroleum coke market is 6175 yuan/ton, compared with the beginning of January up about 15%; Driven by the upward price of low sulfur petroleum coke, the price of low sulfur calcined coke increased synchronously, among which the market price of low sulfur calcined coke in Fushun and Daqing has risen to 9200-9800 yuan/ton; Needle coke has always maintained a high running state, and the price of needle coke has also increased after the Spring Festival, as of February 16, the average price of needle coke cooked coke is about 10292 yuan/ton, compared with the beginning of January also increased by about 1.55%.

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.

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.

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-25-2022