This week (September 22-29), my country's graphite electrode market remained stable, with the average price in the mainstream market around 15,890 yuan per ton. Upstream, the petroleum coke market saw healthy trading, with some coke prices seeing slight increases. Needle coke market fluctuations were minimal, and coal tar prices remained stable. Overall, production costs remain high. Downstream, some steel mills have recently suspended production for maintenance, and most manufacturers are purchasing on demand according to production schedules, resulting in limited demand for graphite electrodes. Currently, graphite electrode companies are primarily focused on maintaining a balance between production and sales, resulting in moderate market profits. The graphite electrode market is expected to remain stable in the short term.
This week (September 22-29), my country's recarburizer market remained stable, with an average price of around 3,490 yuan/ton. Upstream, petroleum coke prices saw a steady upward trend, with major refineries generally raising their coke prices. The calcined coke market remained strong, with cost support remaining strong. Downstream, some steel mills reduced or postponed production plans, but overall supply pressures persisted, and steel mills will continue to increase their production capacity. Anode companies are selling as they produce, resulting in low inventories and healthy trading. Recarburizer prices are expected to remain stable next week, with actual transaction prices driven by market trends.
This week (September 22-29), my country's electrode paste market remained stable, with an average market price of 4,780 yuan/ton. Upstream, the coal tar pitch and scrap anode markets remained stable. The calcined coke market performed relatively strongly, with some companies experiencing slight price increases. The price of calcined anthracite fluctuated slightly. Overall, raw material prices remained stable, providing limited support for the electrode paste market. Downstream, the calcium carbide industry maintained a high operating rate, with a slight increase in on-site production. However, overall demand still fell short of expectations, and purchasing activity was slightly insufficient, making it difficult to provide strong support for the electrode paste market. The electrode paste market is expected to remain stable in the short term.
This week (September 22-29), my country's electric calcined anthracite market remained stable, with an average price of 3,200 yuan/ton. Raw anthracite prices remained stable with slight increases, with the mainstream market reference price at around 860 yuan/ton. Downstream demand is primarily driven by the electrode paste market. Due to the current low purchasing activity of the calcium carbide industry, electrode paste manufacturers are experiencing a slight decline in demand for electric calcined coal. Cathode carbon block manufacturers currently primarily produce graphitized cathodes, and as the proportion of graphite decreases, demand for electric calcined anthracite will also gradually decrease. The electric calcined anthracite market is expected to remain stable next week.
This week (September 22-29), my country's calcined coke market showed a stable upward trend, with an average market price of around 3,370 yuan per ton. Upstream, the petroleum coke market was divided, with coke prices fluctuating. Raw coke prices saw a slight increase, while low-sulfur calcined coke saw a narrow upward trend in cost terms. Medium- and high-sulfur calcined coke saw stable prices and good trading. Downstream, transaction prices in the graphite electrode market rose slightly. However, due to low steel mill operating rates, graphite electrode companies saw modest shipments, resulting in narrow profit margins. Calcined coke purchases were primarily focused on maintaining production. Cathode carbon block companies showed increased purchasing enthusiasm, with good demand. The prebaked anode market performed steadily, with companies primarily focused on fulfilling long-term orders. During the week, negative electrode companies saw increased operating rates, leading to bullish expectations among graphitization companies for medium- and high-sulfur calcined coke, and overall purchasing demand increased. The calcined coke market is expected to stabilize next week, with relatively ample supply.
This week (September 22-29), my country's petroleum coke market saw overall stable growth, with both price fluctuations and mixed trading. The average market price was around 2,750 yuan/ton, up 50 yuan/ton from the previous business day. Major refineries saw a predominant upward trend in coke prices, with increases of 10-50 yuan/ton across the board. Local refineries saw average shipments, with prices primarily declining, with some low- and medium-sulfur coke prices seeing slight increases. The mainstream price of low-sulfur petroleum coke in the domestic market was 3,600-4,150 yuan/ton on a daily basis, while the mainstream price range at Sinopec's coke yard was 2,750-3,200 yuan/ton. High-sulfur petroleum coke was 1,700-2,500 yuan/ton. In the downstream market, calcined coke shipments were strong, with companies primarily producing on a make-to-order basis and purchasing on an as-needed basis. Prebaked anode manufacturers, primarily focused on fulfilling long-term orders, maintained stable production and demonstrated decent demand for petroleum coke. The operating rate of the anode material market increased compared to last week, with overall shipments increasing, providing effective support for the petroleum coke market. Overall, it is expected that the coking prices of major refineries will be mainly stable during the National Day holiday next week, and some coking prices may increase slightly. The overall local coking prices will be stable, and some coking prices will follow the market.