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The Price of Graphite Electrode Continues to Rise

Pulished on Oct. 26, 2020

As you know recently the price of graphite electrode are getting raise, domestic graphite electrode market began "tempers", various manufacturers "performed differently", some manufacturer raise the price, some of them seal the inventory.

But What was the reason of the price raising?

In view of this price increase, simple analysis for the following points:

1. The recent price increase of petroleum coke is mainly due to the concentrated release of downstream demand, plus the maintenance of Jinxi, and there is still an upward trend in the later period.

The Price of Graphite Electrode Continues to Rise

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.

The Price of Graphite Electrode Continues to Rise

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.

The Price of Graphite Electrode Continues to Rise

In order to create a good graphite electrode price market, our price will make corresponding adjustments according to the market situation. Of course, the raw material of graphite electrode is also the main factor affecting the price. However, as the manufacturer of graphite electrode and the product with the same quality in the market, our price has absolute advantages and competitiveness, doesn't matter the price raise or reduce,  in our company Handan Qifeng Carbon Co.,Ltd, https://www.qfcarbon.com/the quality is the "Gold "to win the bussiness. We will do the best to support, welcome your inquiry.


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