Domestic ultra-high power graphite electrode prices continue to rise

This week, the domestic graphite electrode price was partially adjusted, ultra-high power graphite electrode price increased by 1500 yuan/ton, as of press time, ultra-high power graphite electrode φ450 quoted 24500-25000 yuan/ton and φ600 quoted 275000-28000 yuan/ton; High power graphite electrode φ300-500 quoted 22000-23500 yuan/ton; Regular power graphite electrode φ300-500 quoted 19500-21000 yuan/ton, and the overall transaction was general.

Downstream aspect, 85 independent EAF steel plants had an average operating rate of 73.64%, a month on month decrease of 0.75% and a year-on-year decrease of 8.15%. Among them, South and central China showed a slight increase, Northeast, North, East, Northwest and Southwest China showed a slight downward trend, other regions remained flat. After investigation, the blast furnace operating rate of 247 steel plants was 78.21%, down 0.70% week-on-week and 7.31% year-on-year. Affected by epidemic, some regions’ raw materials supply was significantly blocked, leading to a certain decrease in the operation of steel plants, and a certain slowdown in the demand for graphite electrodes, which had a negative impact on the price rise in the early stage.

Raw materials aspect, petroleum coke shipments were good, some coking plant prices of Petrochina continued to push up by 150-350 yuan/ton. Jinxi petroleum coke and Daqing petroleum coke prices held steady this week, but the supply was tight and the market transaction price was high. The epidemic may affect downstream carbon enterprises, so as to slow down the pace of recovery and production increase, but the price bullish mentality still exists, getting more GE market price news chat with us.