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【Graphitized Recarburizer】Market Remained Weak in Mid-May
Recently, China's graphitized recarburizer market has continued to show a generally weak trend, with cautious market sentiment and moderate trading activity. Downstream buyers are mainly purchasing based on immediate production needs, while overall procurement enthusiasm remains limited. According to current market quotations, graphitized furnace recarburizer with specifications of C≥98%, S≤0.05%, and particle size 1-5mm is currently priced at RMB 5,050-5,150/MT ex-factory including tax. Carbon-material-grade graphitized recarburizer is quoted at RMB 4,200-4,350/MT, while semi-graphitized recarburizer (C≥98%, S≤0.5%, size 1-5mm) is mainly traded at RMB 4,000-4,400/MT.
On the raw material side, the medium- and high-sulfur calcined petroleum coke market has remained relatively stable overall. Demand continues to rely mainly on rigid procurement needs, and most calcining enterprises are organizing production according to existing orders. Although petroleum coke prices have recently experienced a slight rebound, the upward momentum remains limited, providing only weak support for calcined coke production costs. At the same time, profit margins for calcining enterprises have been compressed, resulting in increasingly cautious market sentiment and generally stable quotations.
From the supply perspective, operating rates among graphitized recarburizer producers remain relatively stable. However, due to slower purchasing activity from downstream steel mills, foundries, and carbon material sectors, overall transaction support in the market remains insufficient. In order to stimulate orders and maintain shipments, some producers have started to slightly reduce quotations, leading to an increase in low-priced offers within the market. Meanwhile, as raw material prices continue to fluctuate and cost support weakens further, additional price adjustments may still occur in the near future.
On the demand side, recovery in end-user industries remains relatively moderate. Steel plants, electric furnace mills, and foundry enterprises are still maintaining cautious procurement strategies, with many customers operating under low-inventory conditions. Large-scale restocking demand is currently limited. Under the dual pressure of production costs and weak market expectations, downstream buyers are placing greater emphasis on product cost performance, quality stability, and supply reliability.
Overall, the graphitized recarburizer market is still facing a clear supply-demand imbalance, and market confidence remains relatively weak. In the short term, the market is expected to continue operating under a weak and stable trend. Future market direction will largely depend on fluctuations in petroleum coke and calcined petroleum coke prices, as well as the recovery pace of downstream industries such as steelmaking and lithium battery anode materials.
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