rp300 electrode graphite
All rp300 electrode graphite enterprises in Handan area ceased production
Ulan Qab rp300 electrode graphite learned that after the Spring Festival, the mainstream price of China’s rp300 electrode graphite market continued to fall precipitously in February. The prices of ordinary, high-power and high-power rp300 electrode graphite fell 19.25, 18.81 and 18.78 respectively.
On the one hand, the inventory of rp300 electrode graphite companies has increased. In February, the inventory of China’s rp300 electrode graphite market increased by 26.63 year-on-year and 38.06 month-on-month.
On the other hand, the downstream electric furnace steel enterprises were affected by the rain and snow weather this year and steel prices. The operating rate of electric furnace steel enterprises in February decreased significantly compared with the same period, with the lowest value being 6.58. In early March, downstream electric furnace steel enterprises gradually resumed production and started construction. The rate has also increased to about half. However, it is understood that various electric furnace steel companies still have close to 1 to 2 months of inventory, so the enthusiasm for purchasing rp300 electrode graphite is still weak compared to the same period in previous years.
On the supply side, the output of China’s rp300 electrode graphite in February was 65,300 tons, down 4.39 month-on-month, and the high-power rp300 electrode graphite decreased by 2.16 month-on-month. The main reason was that the operating rate of downstream electric furnace steel companies fell sharply in February. The output of rp300 electrode graphite companies increased year-on-year, and the high-power rp300 electrode graphite increased year-on-year, mainly due to the successive commissioning of new production capacity and the implementation of “one factory, one policy” during the heating season, which weakened production restrictions. Affected, from March 2 to March 31, all rp300 electrode graphite companies in Handan, Hebei will be forced to stop production, other areas in Hebei will be limited to 20-50, and some companies in Henan will be limited to half. According to statistics from Baichuan Information, the output in Henan and Hebei is expected to decrease by about 9,300 tons in March, and the total output in March will decrease by about 14 month-on-month. In terms of raw materials, China’s needle coke prices remained stable in February.
Since the time is around the Spring Festival, the shipments of needle coke are general. Although there are some special sales before the Spring Festival due to the lowering of the warehouse, the inventory is sold out before the Spring Festival. However, after the Spring Festival, due to the poor market of the downstream rp300 electrode graphite, the enthusiasm for purchasing needle coke was average, and the needle coke inventory increased. It is reported that the calcining device of Shandong Yida rotary kiln is operating normally, and all the indicators of needle coke are relatively stable now. Starting from March 1st, the price of calcined needle coke will be 24,000 yuan/t. As of today, the mainstream price of domestic needle coke in China is RMB/t, the mainstream price of imported oil-based needle coke is in U.S. dollars, and the mainstream price of imported coal-based needle coke is in U.S. dollars. In summary, the price of rp300 electrode graphite in China is in the stage of turbulence and bottoming. As the operating rate of downstream electric furnace steel companies has dropped sharply compared to the same period in previous years, and China’s rp300 electrode graphite inventory has increased, the current Chinese rp300 electrode graphite market is still operating weakly, and the sales of various rp300 electrode graphite companies are constrained.
Affected China’s production of rp300 electrode graphite will decrease in March, and the market inventory will be digested to a certain extent during this period. In addition, the operating rate of electric furnace steel will gradually increase. Therefore, there will be a rp300 electrode graphite market in China in mid-to-late March. Possibility of stabilization. According to the same period of previous years, the operating rate of downstream electric furnace steel companies will increase significantly in April, and there will be signs of China’s rp300 electrode graphite market.