China's graphite electrode market price has been rising since September
China's graphite electrode market began to increase the price, sealing the warehouse, some sales received the notice of leadership price adjustment, has not had time to implement. From the market feedback, graphite electrode manufacturers began to increase the price of products, the market price has been generally increased.
1. The price of petroleum coke has been raised recently, and the current price has increased by 200 yuan/ton compared with that in August. The main reason for the rise is that downstream demand concentration began to release, plus Jinxi maintenance, and there is still a rising trend in the later period.
2. Cost reason: The capacity utilization rate of domestic graphite electrode enterprises in the early stage is around 50% on average. Since August, the output of the first and second echelon of graphite electrode manufacturers has been improved to a certain extent due to the overall digestion of the previous inventory.
3. In the fourth quarter, there will be 5-6 electric furnaces with more than 100 tons built in China, and the market is expected to be good.
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