The trading atmosphere is gloomy, and the graphite electrode market is temporarily operating stably.
Market overview
On February 28, 2024, the market price of Baichuan Yingfu's ordinary, high-power, and ultra-high-power graphite electrodes was 14,500-23,000 yuan/ton, which was stable compared with the previous working day. The average market price of Baichuan Yingfu graphite electrode is 16,195 yuan/ton, which is stable compared with the previous working day. The demand from enterprises downstream of graphite electrodes is weak. Most of the purchases of graphite electrodes are based on rigid needs. The procurement is more cautious and there are fewer transactions in the graphite electrode field. The prices of some raw materials in the upstream of graphite electrodes have risen slightly. The overall cost side has not changed much. The graphite electrode market is running. Temporarily stable.
Market outlook predict
Graphite electrode companies have a wait-and-see attitude towards the downstream market. Downstream demand is low, and they are more cautious in purchasing graphite electrodes. There are currently fewer biddings on the market. The market price of graphite electrodes still shows a trend of differentiation. Enterprises mainly negotiate transaction prices based on actual orders. The market is currently stable. Mainly, the graphite electrode market is expected to remain stable in the short term tomorrow.