Raw material prices slide, coal pitch market trading was stable

Raw material prices slide, coal pitch market trading was stable

Upstream market: This week, the domestic coal tar market showed a drop from high trend. In the short term, deep processing and carbon black enterprises were still in a loss situation, downstream products hadn't performed well, and the market sentiment was pessimistic; Juxing graphite powder has good electric conductivity and low ash content, in addition, affected by the counterattack of the epidemic in various regions, the on-site logistics was blocked. Therefore, the market was still weakened only by the support of supply and demand sides, but the downward range was limited.

Downstream market: Domestic pre-baked anode market operated smoothly, enterprises continued to implement contract orders, and enterprises that stop and limit production in the early stage started to improve. In terms of raw materials, the petroleum coke market has been consolidated at a high level, the market price of coal tar pitch has been deadlocked, the transportation cost has gradually increased due to the impact of the epidemic, and downstream electrolytic aluminum market has started to pick up, which will be a good support to the pre-baked anode Market.

Comprehensive forecast: Yesterday, the domestic coal tar pitch market was stable, raw materials price fell, and the cost pressure of deep processing enterprises relieved; Deep processing started narrow range decline, and coal pitch supply decreased; The downstream construction operation was improved, and the buying was followed up on demand. Affected by the epidemic, cross-regional transportation was limited, and enterprises transportation cost increased. It is expected that the coal pitch market will fluctuate in the short term, more carbon market infomation contact us.