The domestic graphite electrode market price is generally stable this week.
In terms of market: Heavy rains in Henan this week, especially in Zhengzhou, Gongyi, Jiaozuo and other places, due to local flooding, power curtailment has some impact on the production and transportation of some local electrodes and graphitization enterprises, which lasts up to a week. When the weather turns fine, it will return to normal.
Recently, the price of raw materials has begun to rebound slightly, which has played a supporting role in the price of graphite electrodes. However, shipments are still not significantly enlarged, and the quotations of major manufacturers are generally stable, and individual manufacturers still have low-priced shipments. Export: Recently, export orders have been relatively normal, but shipments have been delayed due to tight shipping.
As of July 22, the mainstream price of UHP450mm with 30% needle coke content on the market is 19,500-20,000 yuan/ton, the mainstream price of UHP600mm is 24,000-26,000 yuan/ton, and the price of UHP700mm is 28,000-30000 yuan/ton.
Petroleum coke prices rose slightly this week, and Daqing Petrochemical’s coking plant was temporarily suspended for about 11 days.
1# Petroleum Coke increased by 200 yuan/ton to 3,600 yuan/ton from July 17th. As of this Thursday, Fushun Petrochemical 1#A petroleum coke was quoted at 3,500 yuan/ton, an increase of 200-300 yuan/ton from last week, and low-sulfur calcined coke was quoted at 4300-4500 yuan/ton. Domestic needle coke continued to maintain stability this week. At present, the mainstream domestic coal-based and oil-based product market prices are 8000-11000 yuan/ton, with little change in transactions.
This week, the domestic steel price trend is still slightly stronger than that of scrap steel, with an average increase of 50-60 yuan/ton.
The profit of electric furnace steel mills remains high, but under the influence of factors such as limited electricity and heavy rains, the Guangdong and Guangxi, Henan, Yunnan, and Guizhou regions have differences. Few electric furnace steel mills restricted production and stopped production, and some electric furnace steel plants in East China also had peak shift restrictions, and the capacity utilization rate of electric furnace steel dropped. As of this Thursday, the capacity utilization rate of 92 independent electric furnace steel plants was 73.04%, down 6.48% from last week.
The recent rebound in raw material prices has gradually stabilized the mentality of many graphite electrode manufacturers.
However, due to the low season in the steel market and weak transactions, it is more likely that graphite electrodes will maintain stability in the short term.