Coal tar is a crucial byproduct of the coking industry, typically accounting for about 3% to 4% of the coal processed. Its chemical composition is highly complex, consisting of numerous hydrocarbons and other organic compounds. Due to this complexity, coal tar is usually refined and separated in specialized processing plants. Through various distillation and purification methods, different fractions of coal tar can be extracted, leading to the production of a wide range of valuable products such as naphthalene (mothballs), asphalt, plastics, and pesticides.
On March 26, 2014, the domestic coal tar market was characterized by a cautious and negotiation-driven atmosphere. The mainstream price range for coal tar stood between 2,550 and 2,950 yuan per ton. Among the regions, the Tangshan area maintained a relatively strong position, but the overall market remained stable within a narrow range. Despite the limited pressure on coke inventories, the downstream industries were experiencing significant pricing challenges, which led to more flexible terms in normal supply and sales activities. Additionally, auction prices for coal tar also showed signs of weakening. Short-term fluctuations are expected to persist in both East China and North China due to ongoing market uncertainties.
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