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Home > News > Latest price trend of graphite electrode on May 16, 2022

Latest price trend of graphite electrode on May 16, 2022

May. 17, 2022

After the sharp rise in the price of graphite electrode last week, the price of domestic graphite electrode continued to maintain a strong trend this week. Out of the expectation of cost and demand growth, graphite electrode manufacturers are still relatively optimistic about the future market.

 

Up to now, the mainstream price of UHP450mm specification with 30% needle coke content in the market has reached 26000-27000 rmb / ton, the mainstream price of UHP600mm specification is 29000-30000 rmb / ton, and the price of UHP700mm specification is 34000-35000 rmb / ton.

 

Recently, some domestic steel mills have launched a new round of graphite electrode bidding procurement. It is understood that the transaction price of UHP400 of a steel plant in Shandong, China has reached 27500 rmb / ton recently, up 1500 rmb / ton from the bidding price in mid April. In addition, some steel mills in Hebei, Jiangsu and other parts of China said that there was a demand for replenishment, the procurement volume also increased, and the demand for graphite electrode gradually improved.

 

In addition, driven by the rapid development of negative electrode materials, the graphitization processing cost of graphite electrode continues to rise. At present, the graphitization processing cost of graphite electrode is mostly about 5600 rmb / ton, with individual high prices of 6000 rmb / ton. It is expected that the graphitization processing cost of electrode will still be in a high state in the short term. On the whole, there is a strong wait-and-see atmosphere in the current market, and the price of graphite electrode is mainly to implement the current increase.


Latest price trend of graphite electrode on May 16, 2022