The price trend of graphite electrode on April in china

The price trend of graphite electrode on April in china

At the beginning of April, the price of graphite electrodes in the domestic market was mainly stable, and most electrode companies were still optimistic about the market outlook.

First, the price of raw materials has maintained an upward trend recently. In early April, many petroleum coke companies raised prices again, and the epidemic also affected the transportation of raw materials.

Second, the production capacity of long-process steel mills has gradually recovered recently. In late March, the average daily output of crude steel in key steel mills increased by 5.41% month-on-month, and the demand for small and medium-sized ultra-high-power electrodes (such as UHP450mm, UHP500mm) increased.

Third, driven by the upward trend in the graphitization price of negative electrode materials, most of the graphitization processing equipment has been requisitioned by negative electrode material factories. The graphitization processing cost of graphite electrodes may continue to rise, and the cost and processing capacity of graphite electrodes are under certain pressure.

In addition, at the end of March, the Eurasian Economic Union announced that the date of levying anti-dumping duties on graphite electrodes originating in China would be extended to October 1, 2022, which is also good news for China's electrode exports. Overall, it is expected that domestic graphite electrode prices are still expected to rise in the near future.