The downstream market: in April, the graphite electrode market was stable and rising trend, graphite electrode enterprises at the end of the month generally increased the offer, the range of more than 500-1500 yuan/ton, UHP600mm specifications in the mainstream offer of 28500-29500 yuan/ton, graphite electrode manufacturers are cautiously optimistic about the future market. In April, the end steel market demand is small and the steel profit is low, leading to great financial pressure of EAF steel enterprises, which leads to no significant change in the demand for graphite electrode in eAF steel market. The demand is mainly for fresh procurement, so the coke market trading is general. However, with the increase in bidding at the end of April, the steel mill gradually resumed production in May. It is expected that the demand for graphite electrode in May will gradually improve, which is good for the coke market. In terms of the negative material market, the negative material market continued to improve in April, and the negative material enterprises seized resources, and the demand for coke soared. At the same time this month the price of low sulfur petroleum coke is too high, part of the anode material enterprises to increase the purchase of needle coke coke, further increase coke demand.
In general, April needle coke market by raw materials and supply and demand strong support, prices rose steadily; Afternoon, graphite electrode downstream enterprise overall demand significantly improve the expected performance, but the raw material price is high, the enterprise pressure, post-holiday wait-and-see sentiment strong, price adjustment after the successful implementation of electrode to become the focus of attention, and part of the current epidemic of car battery production impact, late or anode materials of conduction to the market, It is expected that there will be some variable in the anode output in June, thus reducing the purchasing demand for raw materials. In the short term, the needle coke market to maintain the upward trend is still a large probability.
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