Renewed tensions in Hormuz pressure graphite feedstock prices
after close1 source ↓written by the desknot a recommendation
- RMB
- 23%
- USD this year
- 26%
Renewed tensions around the Strait of Hormuz are raising concerns over crude export disruptions, impacting the synthetic graphite supply chain. Prices for pre-calcined petroleum needle coke have surged 23% (RMB) and 26% (USD) this year due to rising feedstock costs linked to the conflict. Traders should monitor Brent crude price movements closely as they influence graphite production costs.
Not investment advice. For informational purposes only.