Graphite Electrode Price Forecast of Semptember 2020
From January to July 2020, China's total output of graphite electrodes was 400,300 tons, a decrease of 83,400 tons from the previous year, a decrease of 17.23%. Among them, the total amount of RP was 61,400 tons, a decrease of 22,400 tons compared with the same period last year, a decrease of 26.67%; the total amount of HP was 99,700 tons, a decrease of 46,000 tons compared with the same period last year, a decrease of 31.57%; the total UHP was 239,200 tons, an increase In the same period of the year, it decreased by 15,000 tons, a decrease of 5.91%.
Since August, the overall situation of China's UHP small sizes graphite electrode market has rebounded slightly, due to the tight supply in the market, which led to a price increase of about 500-1000 yuan.
However, the UHP large items have been steadily decreasing, the mainstream transaction prices has not changed. In August, the overall production of Chinese graphite electrode companies has not significantly increased. It is expected that there will be no significant changes in production compared with July.
Shanchun's Forecast
Throughout the current situation of China's graphite electrode market, there will be no significant changes before mid-September, and the overall market is mainly stable. Due to the tight supply of UHP small-size, all graphite electrode companies are focusing on the production of UHP small-size and replenishing stock. After the continuous release of ultra-high and large-size graphite electrodes, the current market stock has been effectively consumed. It is expected to show signs of a slight rebound in mid-to-late September, with a rebound range of 1,000-2,000 yuan/ Ton.
Shanchun's Forecast
Throughout the current situation of China's graphite electrode market, there will be no significant changes before mid-September, and the overall market is mainly stable. Due to the tight supply of UHP small-size, all graphite electrode companies are focusing on the production of UHP small-size and replenishing stock. After the continuous release of ultra-high and large-size graphite electrodes, the current market stock has been effectively consumed. It is expected to show signs of a slight rebound in mid-to-late September, with a rebound range of 1,000-2,000 yuan/ Ton.
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