Domestic Coking Products Quotes

Last week (September 6-12) Domestic coking product prices are as follows:

The coal tar market has a poor business climate. The mainstream transaction price of domestic coal tar market is between RMB 3,000 and RMB 3,300 (t price, the same below). Affected by the downstream cost pressure, the decline in some areas is more obvious. The buyer’s mentality of price depression is obvious, and the market’s actual turnover is scarce. However, due to energy conservation and emission reduction, coking plants around the country are still limited in their efforts to limit production, and supply of coal tar is still in a tense situation. The market will not experience much price fluctuation in the short term.

Crude benzene prices slumped. At present, the mainstream transaction price of crude benzene in the domestic market is in the range of RMB 4800 to RMB 5,000, and the high level is still slightly lower than that of the previous week. The domestic crude benzene market has been in a slow downtrend recently. Although the crude oil market is in a good direction, the continued lack of strength has caused the market to become unstable and the transaction volume has shrunk. The market has a strong wait-and-see atmosphere. The coking plant once again increased its efforts to limit production, crude benzene market supply few, although the recent lower-bound cargo intent is still not high, but the coking plant inventory is not, manufacturers are more price-minded attitude, low-end price cuts, space is small, the market rose Dilemma. The crude benzene market is expected to maintain its consolidation trend in the near future.

The coking benzene market was weak and the prices in some areas remained slightly lower, but the overall market had gradually stabilized. At present, the mainstream price in the domestic coking benzene market is stable at 5800-6000 yuan. After some time ago, the coking benzene market was basically adjusted. The raw material crude benzene limited production support price temporarily stabilized, but the downstream demand is not good, the crude oil shock is unstable, and the coking benzene market is in a dilemma. It is expected that the coking benzene market will continue to dominate the consolidation in the short term.

Maleic anhydride market fluctuated in a narrow range. Although the manufacturers are very strong in price intentions, they have little trading volume on the premise that it is difficult to improve downstream demand. Since September is the traditional peak season for maleic anhydride, merchants are optimistic about the market outlook, and at the same time, the inventory of maleic anhydride manufacturers is low, and manufacturers increase their intentions. However, at present, the demand for follow-up is difficult, and the market is lacking in momentum. At present, the domestic mainstream maleic anhydride market has negotiated prices of 9,000 to 9,250 yuan. In the short term, consolidation is still the main tone.

The industrial naphthalene market is operating stably. The mainstream market price is 9300 to 9400 yuan. The operating rate of deep-processing factories is not high, the supply of industrial naphthalene is small, the transaction is smooth, and the market is in a stable state of mind. At present, the raw material tar market has a high possibility of consolidation, and the downstream demand has not shown signs of improvement. The industrial naphthalene market is in a dilemma in the short-term. It is expected that the market outlook will continue to be dominated by highs and the volatility will be small.

Coal bitumen market weakened and some highs fell slightly. At present, the mainstream price of China's medium temperature coal bitumen market is 2,600-2,800 yuan, and the mainstream price of modified asphalt is 2,850-3,100 yuan. Downstream pick-up is cautious and most manufacturers are operating in the city. Raw material tar market trend is relatively light, but coking plant inventory pressure is not, coupled with the recent impact of energy-saving emission reduction, some manufacturers reflect the late-stage market has no much decline. It is expected that the coal-tar pitch market will continue its steady growth in the near term.

The oil market is down. The intention of the downstream inquiries is not high, and the atmosphere for commercial investment is relatively light. At present, the mainstream price in the domestic oil market is 3,350-3,600 yuan. The downstream carbon black manufacturers' overall intention of receiving goods is not high, and it is difficult to bring support to the oysteroil market. As the raw material tar market will continue to fluctuate not much, in the face of higher cost pressures, the oysteroil market will continue its steady growth in the near term.

The washing oil market is operating steadily. The market sentiment in the local markets was generally normal, and the atmosphere of the goods had slowed down. However, under the pressure of high costs, the deep-processing factories were still operating at very high prices. At present, the mainstream price in the domestic washing oil market is 4,000 to 4,200 yuan. As the downstream demand is still in a weak position, it is expected that the market outlook will remain difficult to improve.