The price of graphitized carbon additive remains stable

This week, the petroleum coke market shipments have not improved for the time being. Specifically, the main coke price is stable in some down 50-300 yuan / ton, Sinopec's refineries on-demand shipments, PetroChina's refineries stabilized trading, CNOOC's refineries to implement the order contract; local refining: local refining market trading is stable in the weaker, part of the coke price narrowly up or down 5-225 yuan / ton. The pre-holiday downstream stocking enthusiasm is general, the support for coke prices is limited, is expected to coke prices or stable next week, part of the coke price fluctuations with the line. The supply of graphitized carbon enhancers is relatively sufficient, and enterprises mostly produce according to orders to maintain flexible supply.

Demand

Downstream steel market demand is sluggish, the project start is less than expected, suppressing the enthusiasm for procurement. Affected by the uncertainty of international trade tariff policy, procurement decisions tend to be conservative, the market wait-and-see mood is strong.

The overall market may be stable to weak in the short term. Although with the decline of coke price, negative electrode enterprises may enhance the production line operating rate, the demand for graphitized carbon enhancers may be enhanced, but from the perspective of the industry's overall supply and demand structure, it is difficult to form an effective digestion of the new demand for excess capacity in the short term, and the contradiction of supply exceeding demand will still persist. At the same time, the supply of electricity resources into a relatively loose stage, the price of electricity is expected to be reduced, will reduce the production costs of graphitized carbonizer enterprises. Under the dual constraints of overcapacity and cost reduction, it is expected that the subsequent graphitization of the carbonizer price will be stable and oscillating trend in the multi-party game.