After the May 1st Labor Day, the domestic graphite electrode market prices remained high. Due to the recent continuous price increase, large-size graphite electrodes have made considerable profits. Therefore, mainstream manufacturers are dominated by large-size sources, and there are still not many medium and small-size sources in the market.
As of May 13th, the mainstream price of UHP450mm with 80% needle coke content on the market is 2-20,800 yuan/ton, the mainstream price of UHP600mm is 25,000-27,000 yuan/ton, and the price of UHP700mm is maintained at 30,000-32,000 yuan/ton. .
Raw materials
This week, the price of petcoke market saw a wave of highs and declines. The main reason is that Fushun Petrochemical will resume production. As of this Thursday, Daqing Petrochemical 1#A petroleum coke was quoted at 4,000 yuan/ton, Fushun Petrochemical 1#A petroleum coke was maintained at 5200 yuan/ton, and low-sulfur calcined coke was quoted. At 5200-5400 yuan/ton, it was 400 yuan/ton lower than last week.
Domestic needle coke prices have remained stable this week. At present, the mainstream prices of domestic coal-based and oil-based products are 8500-11000 yuan/ton.
Steel plant aspect
This week, domestic steel prices have risen and fallen, but the cumulative increase has reached 800 yuan/ton, the transaction volume has shrunk, and the downstream wait-and-see sentiment is strong. It is expected that the short-term market will still be dominated by shocks, and there will be no clear direction for the time being. Recently, scrap steel companies may increase their shipments, and the delivery situation of steel mills continues to improve. Electric furnace steel mills themselves are also uncertain about the market outlook.
It is expected that the short-term scrap price will mainly fluctuate, and the profit of electric furnace steel mills will be appropriately narrowed. Taking Jiangsu electric furnace as an example, the profit of electric furnace steel was 848 yuan/ton, which was 74 yuan/ton smaller than last week.
As the overall inventory of domestic graphite electrode manufacturers is small and the market supply is relatively orderly, the price of needle coke will be relatively strong in the short term, so the market price of graphite electrodes will continue to run at a high level.
Post time: May-14-2021