From April 29 to May 5, 2022, the production price of domestic coal tar increased. The price was 5217.5 yuan / ton last weekend and 5467.6 yuan / ton this weekend, an increase of 4.79%.

Summary of coal tar bidding price in Shanxi on May 7 (unit: yuan / ton)

Region, Market price, Compared with last week’s bidding price

Linfen, 5110.,0

Lv Liang, 5660.,+460

Taiyuan, 5670.,+450

Yuncheng, 5150.,0

From the above bidding price list of coal tar in Shanxi, it can be seen that affected by the May Day holiday, enterprises in some areas will not arrange coal tar auction this week, but will continue the pre holiday price. In areas with auction plans this week, the price will rise sharply.

Since late April, the price of high-temperature coal tar has been boosted by the downstream and entered the upward channel. Before the May Day holiday, there is a certain demand for holiday goods in the downstream. Therefore, the auction price of tar has increased significantly. Some enterprises have auctioned the supply of goods after the festival before the Festival, so the overall price is high, which once again boosted the market mentality. After the festival, some enterprises have opened the auction this week. Among them, the auction price in Shanxi, Shaanxi, Hebei and other places has increased significantly, The majority of Shandong province implemented the pre holiday contract of 5350 yuan / ton. The regional difference of tar price is large this week, but the overall trend remains upward. In terms of supply, after the festival, the first round of coke increase and decrease of 200 yuan / ton has been started, and there is basically no suspense about the landing. Therefore, the commencement of coking enterprises may be reduced in the future, and the tar will face a tight supply situation in the later stage. At present, the demand of downstream industries is good, enterprises actively prepare goods, and the demand for tar is OK. With the support of tight supply and good demand in the future, most regions will participate in the supplementary rise of tar price next week. However, tar is currently at a high level as a whole, and it is expected that tar price will continue to strengthen, but the increase range is limited.