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The main reasons why the market is basically flat are:
First of all, the downstream is weak. From the perspective of the main processed products of coal tar downstream, industrial naphthalene, although slightly picked up, but the power is insufficient, just because the demand for water reducer slightly increased from the previous period, but the water reducing agent manufacturers are highly resistant to the high price of industrial naphthalene, it is difficult to significantly Pick up. Since the beginning of May, the market for coal-tar pitches has remained basically unchanged. The atmosphere of market transactions is extremely light. Most of the goods sold by the manufacturers are sold to old customers, and the prices are upside down. Individual customers are minimal, so the supply of goods is inevitable. Oyster oil products have been stable at a low level, and the carbon black market has strongly resisted the high price of raw materials, and the price of sour oil is difficult to recover. The washing oil market was affected by the improvement of crude benzene, the main downstream product. Although the consumption increased, there was no significant rebound in prices. The amount of crude phenols is small and the rate of increase is large, but it is difficult to drive the recovery of coal tar. In short, during the processing of coal tar, the market conditions of large quantities of products will become one of the decisive factors in the ups and downs of the coal tar market.
Second, the price of upstream coking coal is rising and supply is tight. In the country’s gradual progress in safety inspections and environmental compliance standards for coal mines, coal coke and chemical companies, many coal companies were shut down due to non-compliance and stopped production for rectification. When some enterprises resume normal production again, it is bound to increase related facilities to meet the national requirements for safety and environmental protection. At the same time, the country has also strengthened the management of coal resources, increased the cost of coal mining, raised the threshold, and reduced production, so that the coking coal companies are not only limited by the supply of raw materials, the coking time is prolonged, but also the costs are increased and transferred to their production. In the product, the space for coal tar price decline is limited.
In summary, in the future, the domestic coal tar market will generally undergo weak consolidation and the trading situation will be difficult to change. The driving force for the recovery of coal tar did not appear, and there was limited room for rising and falling. It was inevitable that the current trend would continue.
Future domestic coal tar market is stable
From the end of May to the beginning of June, the overall trend of coal tar in China rebounded slightly and stabilized afterwards. At present, the domestic mainstream price is 2250 yuan to 2,350 yuan per ton. Among them, the prices of enterprises in North China are relatively stable, and the current average price is 2,360 yuan per ton. The quotes from manufacturers in the East China region are quite different. There are fewer risers and more flatters. The current mainstream price is about RMB 2340 per ton, and individual high-end offers are up to RMB 2,400 per ton. The Northeast has not changed substantially. The current average price is about 2,130 yuan per ton. The northwest region is dominated by flat-rate companies, and some enterprises are downgraded. The current quotation is about 2040 yuan per ton.