May 2020 domestic graphite electrode mainstream market prices are still dominated by a small decline, sales did not significantly improve. RP & phi;300-& phi;500 graphite electrode mainstream market quotation 10000-13500 yuan/ton, HP & phi;300-& phi;500 high power graphite electrode mainstream market quotation 11500-15000 yuan/ton.

, due to the low production rate, the demand for graphite electrodes did not appear centralized procurement.

market aspects

, foreign inquiries have basically stagnated. Although exports from some countries such as Japan and South Korea have shown signs of improvement, there is still a big gap from the same period last year. Considering the impact of exports, some major electrode manufacturers have taken into account the pressure on the inventory of some specifications of graphite electrodes in the market. In May, there were some production reduction measures of varying degrees and even reached a shutdown state. The market bidding was fierce and the price still showed a downward trend.

raw materials

May, the domestic raw material market continued to be weak, and the overall transaction situation was not ideal. As of the end of this month, the price of 1#A petroleum coke on the market was 2300 yuan/ton, and the price was temporarily stable, and the overall transaction was average. The mainstream price of needle coke in the market is about 0.55-10000 yuan/ton, and the price gap is large. It is mainly affected by the difference between coal and oil systems and the gap between raw coke and cooked coke. The prices of some enterprises have been lowered, but they still fail to change the situation. The overall transaction is poor, and there is still a downward trend in the future. The mainstream price of medium-temperature asphalt in the market is 1950 yuan/ton, and the mainstream price of restructured asphalt is 2050 yuan/ton. This month, the price of enterprises with higher prices has declined, while the price of enterprises with lower prices has slightly increased by 50 yuan/ton, narrowing the price gap. The overall transaction is average.

steel mill aspect

surveyed 71 electric arc furnace steel mills nationwide this week, with an average operating rate of 70.13 per cent, up 3.13 per cent from last week and down 9.69 per cent from last year.
With the sharp rise in the price of finished steel, the profitability of steel mills improved, especially the price of the snail is more obvious, electric furnace steel mills appear billet like snail tilt signs, capacity utilization and production month-on-month both increased last week. However, considering the supply and price of scrap steel, there is little room for electric furnaces to continue to grow, but the state of high production will continue to be maintained.

summary: At present, graphite electrodes as a whole are in a state of strong supply and weak demand, and the market competition is relatively large. Although the price is close to the cost, the price of graphite electrodes is still declining due to the pressure of market competition and poor demand from downstream customers, but it has not affected the overall sales volume. Some production enterprises have reduced production or stopped production, and there is still a downward trend in the future.