From June 24 to July 1, 2022, the production price of coal tar in Shanxi increased. The price was 5322.5 yuan / ton last weekend and 5387.5 yuan / ton this weekend, up 1.22%.

Summary of coal tar prices in Shanxi (unit: yuan / ton)

Region, Market price, Bidding price compared with last week

Linfen, 5370.,+80

Changzhi, 5400.,+110

Yuncheng, 5440.,+100

This week, the bidding price of coal tar in Shanxi Province is dominant. The price of coal tar in Shanxi Province is concentrated at 5300-5450 yuan / ton, which is significantly higher than that of last week. It is mainly boosted by the tight supply of tar. The bidding price rises as a whole. Under the pressure of high prices, the downstream is still dominated by on-demand procurement.

This week, the price of high-temperature coal tar continued to rise. Although the downstream deep processing industry has suffered widespread losses recently and has a strong resistance to high price tar, recently, coking enterprises have taken the initiative to limit production due to profits, which is generally concentrated at 3-40%, affecting the recent tar output. Boosted by the tight supply of tar, the bidding price of tar market continued to rise this week. At present, Shandong has significantly increased to 5410 yuan / ton, while Hebei has implemented 5400 yuan / ton, with an average increase of 200 yuan / ton. In the future, the business community believes that the tar supply is tight recently, and it is difficult for coking enterprises to significantly improve their work in a short time. The market is expected to continue to be tight in the future. However, as the price of tar continues to rise, the profits of downstream deep-processing enterprises are damaged, and there is a strong resistance to high price tar at present. On the whole, it is expected that the high-level consolidation trend of tar prices in the short term will be the main trend, and it will be difficult to continue to rise.

The downstream deep processing industry has been in a downturn recently, with coal tar pitch rising and falling. Affected by the rising price of raw materials, the price has been adjusted at a high level. In terms of anthracene oil, the recent operating rate is low, and the supply is insufficient, which has boosted the price of anthracene oil. The trend of industrial naphthalene is volatile this week, and there is a fear of a weak pattern of supply and demand in the future. The weakness of the downstream has limited boost to the tar market.