The price of graphite electrodes continues to rise


Recently, the price of graphite electrodes in the domestic market has been continuously rising, with the latest quotation reaching 20568 yuan/ton in early November. Statistics show that since October, the cumulative increase in graphite electrode prices has approached 10% and reached a new high for the year. 

Industry insiders say that the recent price increase of graphite electrodes is mainly due to the strong rise in upstream raw material prices. In addition, under the impact of power and production restrictions, graphite electrode manufacturers have insufficient production, extended production cycles, and increased processing costs, which have also led to price increases. Because of this, with the rise in the price of graphite electrodes, it has also driven the improvement of the performance of related listed companies.

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