Daily Review | Demand from downstream companies is limited
On March 12, the average market price of calcined petroleum coke was 2,310 yuan/ton, which was stable compared with the previous working day. Trading in the low-sulfur calcined coke market is temporarily stable today. Most companies are mainly executing existing orders, and prices are mostly stable. Price support at the raw material end is acceptable, the downstream carbon and anode markets for aluminum are weak, with on-demand procurement being the main focus, and the overall trading in the medium and high sulfur calcined coke market is stable.
Graphite electrodes: The downstream market demand is limited, and there is less purchase of graphite electrodes. The profits of steel mills continue to tighten. The start-up of steel companies is low, production consumption is slow, and the wait-and-see mood dominates the market. Graphite electrodes mainly consume existing stocks, and graphite Electrode companies mainly executed early orders and shipped goods, and the market continued to operate stably.
Electrolytic aluminum: After the two sessions, the market is looking forward to China's financial data and more favorable policies, which will drive up spot aluminum prices.
Anode materials: Currently, the market supply of anode materials is sufficient. However, since the trend of new energy replacing traditional energy will not change, mainstream major manufacturers still plan to continue to build and expand anode material production capacity. Market competition will further intensify. In the area of overcapacity of anode materials, In the face of price competition, the pressure on small and medium-sized anode material companies to survive has increased.