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Graphite Electrode factories Are Willing To Adjust Prices In May 2021 (03.12-03.18)

Electrode factories are willing to adjust prices strongly UHP700mm graphite electrodes make up for the increase (03.12-03.18)

This week, China’s domestic graphite electrode market has shown a rapid upward trend. Among them, UHP700mm has seen a substantial increase, reaching 6000-8000 yuan/ton, and ordinary and high-power graphite electrodes are not to be outdone. Driven by the cost of raw materials, ordinary power The quotation also stood at 15,000 yuan/ton.

It is reported that starting from Monday, the prices of the first-tier manufacturers have been increased, and some small and medium-sized households have not yet responded. Starting from Wednesday, traders generally received substantially increased prices when making inquiries.

The reason: graphite electrode manufacturers believe that the pace of recent product price adjustments is far inferior to the increase in raw material ex-factory prices; on the other hand, graphite electrode manufacturers also want to seize the opportunity to make up for their losses last year.

As of March 18, the mainstream price of UHP450mm specifications with 30% needle coke content on the market was 18000-18500 yuan/ton, an increase of 1500 yuan/ton from last week, and the mainstream price of UHP600mm specifications was 23000-23500 yuan/ton. This is an increase of 1500-2000 yuan/ton from last week, and the price of UHP700mm is 30,000-31,000 yuan/ton, up by 6000-8000 yuan/ton. The increase this week is indeed relatively fast, and the downstream needs a process of adaptation. The price of graphite electrodes has not risen in the near future, but it may be stable at a high level in the short term.

Raw materials

This week, the mainstream domestic needle coke transaction prices have stabilized. At present, the mainstream domestic coal-based and oil-based product market prices remain at RMB 8500-11,000/ton. Recently, graphite electrodes have limited acceptance of the continuous rise in raw materials, and mostly wait and see.

Steel plant

As of March 18, the national electric furnace capacity utilization rate rose to 64.85%, up 0.5% from last week, and the electric furnace steel output rose to 352,800 tons/day.

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