On March 18, SteelOrbis reported that the average domestic graphite electrode price in China for HP (high-powered) 450 graphite grade was reportedly at RMB 32,000/mt ($4,769/mt) while UHP 600 was reportedly at 58,000/mt ($8,643/mt), all prices ex-warehouse.
According to sources, the latest average domestic graphite electrode price in China for HP (high-powered) 450 graphite grade is now reportedly at RMB 33,000/mt ($4,911/mt) while UHP 600 is now reportedly at RMB 60,000/mt ($8,929/mt), all prices ex-warehouse. The average price on HP 450 has increased by $142/mt while the UHP 600 average price has increased by $286/mt. The average price level increase for both HP 450 and UHP 600 was an increase of 3 percent compared to a week ago.
USD = RMB 6.71 (Mar 18)
USD = RMB 6.72 (Mar 26)