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Graphite Electrode Prices | Indian Exports 2011–2025

Monthly UHP Electrode Prices

Indian Graphite Electrode Export Prices (US$/t FOB)
MonthPrice
Mar 20252,678
Feb 20252,723
Jan 20252,798
Dec 20242,695
Nov 20242,712
Oct 20242,617
Sep 20242,573
Aug 20242,872
Jul 20242,872
Jun 20242,836
May 20242,921
Apr 20242,943
Mar 20242,971
Feb 20243,110
Jan 20243,210
Dec 20233,270
Nov 20233,369
Oct 20233,533
Sep 20233,753
Aug 20233,845
Jul 20234,194
Jun 20234,015
May 20234,145
Apr 20234,282
Show earlier months, 2011–2023
Indian Graphite Electrode Export Prices, 2011–2023 (US$/t FOB)
MonthPrice
Mar 20234,177
Feb 20234,101
Jan 20234,336
Dec 20225,753
Nov 20224,455
Oct 20224,469
Sep 20224,626
Aug 20224,772
Jul 20224,567
Jun 20224,678
May 20224,612
Apr 20224,528
Mar 20224,558
Feb 20224,536
Jan 20224,981
Dec 20214,310
Nov 20214,192
Oct 20213,406
Sep 20213,785
Aug 20213,549
Jul 20213,428
Jun 20213,154
May 20212,878
Apr 20212,732
Mar 20212,570
Feb 20212,710
Jan 20212,972
Dec 20202,595
Nov 20202,849
Oct 20203,002
Sep 20203,001
Aug 20202,999
Jul 20203,299
Jun 20203,127
May 20203,247
Apr 20204,175
Mar 20203,869
Feb 20204,443
Jan 20204,418
Dec 20195,646
Nov 20196,408
Oct 20196,939
Sep 20197,264
Aug 201913,320
Jul 20196,716
Jun 20198,112
May 20199,398
Apr 20198,897
Mar 201911,478
Feb 201912,267
Jan 201913,395
Dec 201814,396
Nov 201814,667
Oct 201815,712
Sep 201816,130
Aug 201814,830
Jul 201814,144
Jun 201815,162
May 201814,546
Apr 201811,878
Mar 20187,747
Feb 20189,366
Jan 20189,631
Dec 20176,909
Nov 20175,905
Oct 20174,955
Sep 20174,699
Aug 20173,071
Jul 20172,220
Jun 20172,150
May 20172,047
Apr 20171,950
Mar 20171,917
Feb 20171,967
Jan 20171,924
Dec 20161,940
Nov 20161,879
Oct 20161,955
Sep 20161,981
Aug 20162,050
Jul 20162,079
Jun 20162,100
May 20162,317
Apr 20162,310
Mar 20162,612
Feb 20162,241
Jan 20161,384
Dec 20152,548
Nov 20153,125
Oct 20153,296
Sep 20153,108
Aug 20153,131
Jul 20153,086
Jun 20153,198
May 20153,164
Apr 20153,214
Mar 20153,180
Feb 20153,216
Jan 20153,338
Dec 20143,344
Nov 20143,381
Oct 20143,289
Sep 20143,589
Aug 20143,438
Jul 20143,506
Jun 20143,654
May 20143,682
Apr 20143,652
Mar 20143,869
Feb 20143,845
Jan 20144,056
Dec 20134,032
Nov 20134,142
Oct 20133,535
Sep 20134,154
Aug 20134,315
Jul 20134,097
Jun 20134,243
May 20134,363
Apr 20134,676
Mar 20134,853
Feb 20134,897
Jan 20134,570
Dec 20124,868
Nov 20124,581
Oct 20124,449
Sep 20124,690
Aug 20124,438
Jul 20124,405
Jun 20124,508
May 20124,677
Apr 20124,468
Mar 20123,700
Feb 20124,764
Jan 20125,155
Dec 20114,260
Nov 20114,342
Oct 20114,515
Sep 20115,975
Aug 20114,092
Jul 20114,284
Jun 20114,357
May 20114,344
Apr 20114,411
Mar 20114,312
Feb 20114,104
Jan 20114,184

Source: UN Comtrade database. Data as of June 2025 (final update).

Notes and definitions

1) Figures above are average monthly fob export [not spot prices] for steelmaking electrodes shipped from India. All prices are expressed in US$/t.

2) The price data is for harmonised system code #854511 which is defined as carbon or graphite electrodes of a kind used for furnaces.

3) Note that latest price points (the last one or two months in particular) may change, as additional customs data becomes available.

Further information

Needle coke (produced from petroleum or coal tar) is the major raw material used in the manufacture of ultra-high power (UHP) graphite electrodes. Needle coke is increasingly also used to make lithium-ion batteries for mobile phones and electric vehicles. It is the growth in the demand for needle coke for these newer applications – as well as closure (for environmental reasons) of much graphite electrode production capacity in China during 2017 – that markedly tightened the availability of graphite electrodes for electric steelmaking in late 2017 / early 2018.

Leading world suppliers of graphite electrodes include GrafTech International, Ohio, USA; Graphite India, headquartered in Bengal; Resonac Graphite America (formerly Showa Denko Carbon), headquartered in Ridgeville, South Carolina, USA; and Nippon Carbon, which has its HQ Chuo-ku, Tokyo, Japan. Other noteworthy producers also include HEG based in Delhi India; and Tokai Carbon who are located in Tokyo, Japan.


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