In terms of raw materials, the raw material market is generally weak this week. Affected by the reduction in crude oil production, the international crude oil price has adjusted back, and the oil slurry price has been supported to go up. However, the demand for low-sulfur oil slurry is not good at present, and the price rise is insufficient. It is expected that prices will remain weak and stable in the short term. In terms of coal tar pitch, the price of coal tar pitch continued to decline this week, the overall market demand was poor, and the operating rate of coal tar deep processing continued to decline.
On the downstream side, the graphite electrode market is still good this week, the start-up situation is relatively stable, the downstream demand is improving, the graphite electrode market price is stable, and the price of mainstream UHP600 is around 24,000-25,000. With the increase in the operating rate of downstream electric furnace steel enterprises. Graphite electrodes will continue to maintain a positive trend, and the demand for needle coke will also continue to improve. In terms of negative electrode materials, the negative electrode material market as a whole is relatively weak this week, and the overall industry start-up situation is not good. We maintain a wait-and-see attitude towards raw materials. It is expected that the demand for raw materials for negative electrode materials will remain weak in the short term.
On the whole, the needle coke market is running weakly this week, and downstream companies are operating on the sidelines as a whole. The psychological expectations of downstream companies are that the purchase price is irrational. Needle coke companies should maintain their mentality, stabilize prices, and let needle coke return to a rational market price. .
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