Transportation restrictions affect supply & demand, coal tar pitch regional differences obvious

Transportation restrictions affect supply and demand distribution, coal tar pitch regional differences are obvious

This week, the overall operation of the domestic coal tar pitch market was stable, and the offer prices of coal tar processing enterprises in some regions increased greatly. By This Friday, the mainstream reference price of modified asphalt in the main production areas was 5700-6150 yuan/ton. Juxing graphite electrode has superior electric conductivity and world-class quality from stock. During the week, the regional transaction of domestic coal asphalt market was significantly different. Shanxi was affected by the epidemic, and the transportation of raw materials and finished products of coal tar processing enterprises were restricted, and the enterprises were under obvious pressure. At present, Hebei and Shanxi are also facing the problem of transportation block. Recently, coal tar pitch in main production areas is mainly distributed within the region, and the cross regional circulation is obviously limited.

Table: This week domestic coal tar pitch market mainstream transaction price

During the week, domestic coal tar price rises and falls coexists, with regional differences. Among them, coal tar price in Shandong rose. Due to poor transportation in Shanxi, it was difficult for coking enterprises to ship goods. Moreover, due to the excessive price rise in the early stage, the auction this week was dominated by failed-auction or down-agreement. As of Friday, the ex-factory price of coal tar in Shanxi, Hebei and Shandong was 4900-5076 yuan/ton.

This week, the operating load of domestic coal tar processing enterprises fell. Due to obvious transportation restrictions in Shanxi, coal tar processing enterprises are difficult to transport goods. Some enterprises reduce the operating load, and individual enterprises plan to stop production. In addition to Shanxi, enterprises in Shandong, Inner Mongolia and other regions plan to stop production for maintenance. In addition, early maintenance of some enterprises are still not started, resulting in a significant decline in the operating rate of domestic coal tar processing units this week.

Future forecast

Due to the limitation of transportation, the regional difference of coal asphalt market may be more obvious. Because of the obvious transportation constraints in Shandong, Shanxi, Hebei and other regions, it is difficult for the local coal tar pitch to circulate outward in the short term. As the tight supply, coal tar pitch price in Shandong will remain high, and enterprises may continue to push up price. As the poor shipment in Shanxi, enterprises have great inventory pressure, and the downstream price may continue to be depressed or strengthened. As the tight supply of goods in Henan and inflow of resources from other provinces is not smooth. Under the pressure of tight supply, local coal tar pitch price will remain high in the short term, and the enthusiasm of enterprises to push up will be further strengthened. To get more coal tar news chat with us.