Increase in export orders for graphite electrodes
In terms of upstream market
Low sulfur petroleum coke: The coke prices of PetroChina's refineries have temporarily stabilized. Low sulfur coke will be shipped as needed in the Northeast and North China regions. Dagang Petrochemical and Liaohe Petrochemical will tender today. Lanzhou Petrochemical in the northwest region will finish maintenance and produce coke today. Refineries in Xinjiang will deliver and maintain stability. Carbon and silicon for aluminum will be the main products for export.
Low sulfur calcined coke: The mainstream transaction price of low sulfur calcined coke (using Jinxi and Jinzhou petroleum coke as raw materials) in the market is 3100-3200 yuan/ton; The mainstream transaction price for low sulfur calcined coke (Fushun petroleum coke as raw material) is 3500-3850 yuan/ton, while the mainstream transaction price for low sulfur calcined coke (Liaohe and Binzhou CNOOC coke as raw material) in the market is around 2850-3050 yuan/ton.
Needle coke: Today, the needle coke market in China is running smoothly, with mainstream enterprises executing existing orders. According to market feedback, downstream enterprises are currently mainly purchasing raw materials for immediate needs, while needle coke manufacturers have average order scheduling, poor terminal demand, and few new order negotiations. Overall, needle coke prices are mainly deadlocked.
In terms of demand
Steel: Due to the impact of the upcoming National Day holiday, on-site inquiries were slightly better, but actual transactions fell short of expectations, and steel mills still focused on essential purchases.
Future forecast
Recently, there has been an increase in export orders from certain enterprises. In order to coordinate domestic and international sales demand, the actual transaction price of certain specifications of electrodes has slightly increased, in order to shift the production focus to specifications with more export demand. Currently, the domestic market performance is relatively calm, and it is predicted that the graphite electrode market will remain stable tomorrow in the short term.