Graphite electrodes prices bounce back after fall in late 2019, GES says
Published: Tuesday, 28 January 2020
The price of graphite electrodes rose at the start of this year after a drop at the end of 2019, according to graphite producer and consultant GES. But high stock levels and bearish sentiment continued to weigh on the market, which awaits a trigger for a prolonged recovery.
"There was a sudden price increase [for graphite electrodes]
of about 25% at the beginning of ," Benjamin Sarkoezy, an
analyst with graphite producer and consultant GES told
Fastmarkets in mid-January. "This was due to the Chinese
[winter-weather] heating period and subsequent production
Electricity costs for Chinese manufacturers rose...