Juchun Carbon suspends graphite electrode production
2024-04-18 08:20:24 [Print]
BEIJING (Asian Metal) 18 Apr 24 - Nangong Juchun Carbon Co., a small graphite electrode producer in Hebei of China, suspended production ten days ago and produced around 600t in March, a source from the company reports to Asian Metal.
"We shut down production ten days ago and produced around 600t last month," says the source, adding that they suspended production due to the sluggish demand and might produce 100t in April without plan to restart operation this month.
With two production lines and the total production capacity of 20,000tpy, they produced around 700t so far this year and around 7,000t last year with present semi-finished stocks around 20,000t.
Current mainstream prices for HP graphite electrode D500mm in north China stand at RMB13,900-14,400/t (USD1,920-1,989/t) EXW, down by RMB300/t (USD41/t) from late last month because of the sluggish demand. Market participants remain pessimistic towards the price now.
"We shut down production ten days ago and produced around 600t last month," says the source, adding that they suspended production due to the sluggish demand and might produce 100t in April without plan to restart operation this month.
With two production lines and the total production capacity of 20,000tpy, they produced around 700t so far this year and around 7,000t last year with present semi-finished stocks around 20,000t.
Current mainstream prices for HP graphite electrode D500mm in north China stand at RMB13,900-14,400/t (USD1,920-1,989/t) EXW, down by RMB300/t (USD41/t) from late last month because of the sluggish demand. Market participants remain pessimistic towards the price now.
