On September 1, initiated by Shanghai Baosteel Chemical Co., Ltd., 18 tar processing companies jointly issued the “Declaration on China Coal Chemical Industry Development†in Beijing. The main purpose of the declaration is not only to radically change the extensive growth mode of coal chemical companies and coal chemical companies, but also to reduce resource losses. The most important thing is to change the status quo of small and scattered tar processing enterprises in China to form a tar processing industry complex. .
The tar processing company's joint initiative is to drastically change the tar oil price.
Since August, the turbulent market has been fluctuating. The price of Shanxi tar in the major tar producing regions in China has risen sharply. Many companies in Taiyuan have quoted at RMB 1,000/tonne, even RMB 1,100/tonne; the ex-factory price of tar in major coking enterprises in Linyi District has increased by 64.17% compared with April; the tar price in East China even pulled up to RMB 1,700/tonne. Most users need to pay for goods in line.
According to Huang Jianguo, deputy general manager of Shanghai Baosteel Chemical Co., Ltd., there are several reasons for this drastic change in the tar market. First, the country has successively introduced macro-control policies to limit the overheating of the steel industry and coke exports, resulting in excessive coke resources falling prices, coking enterprises to reduce the level of reduction in losses and even boring boilers to stop production, prolong coking time, thereby reducing the tar production; Second, the international crude oil High prices drove the rise of heavy oil prices. Many domestic large-, medium- and small-sized heavy oil users, such as glass factories, ceramics factories, and steel mills, switched to tar and coal-tar fuel oil in order to ease cost pressures, and the supply and demand of the tar market quickly reversed. In addition, users in the Guangdong region with the largest demand for fuel oil in the country have higher acceptance prices of tar than other regions, which has attracted tar suppliers to the Guangdong market, causing tar supply shortages in other regions.
The analysis of Shanxi tar processing companies is based on another idea. Shanxi Hongte Coal Chemical Co., Ltd. official said that since the end of June, Shanxi coke production companies have limited production, coking companies have greatly reduced tar production. At the same time, however, the operating rate of tar processing companies has reversed, resulting in a tighter tar supply. In addition, there are a lot of tar processing companies in Linyi area, especially raw material procurement of 300,000 tons/year of tar processing that Shanxi Coking Group is about to start and raw materials of 160,000 tons/year of tar processing projects that Linyi Jinhuan Coking Company has officially started recently. Demand has made the tar price in the region the highest price in recent years in Shanxi Province. Xue Xiangqi, general manager of Shanxi Coking Co., Ltd. disclosed that the start-up of the Shanjiao plant requires 900,000 tons of tar stocks, and it is only sourcing 400,000 tons. There are only 500,000 tons from the start date of September 17 only 10 days. The gap.
While tar prices are increasing, the prices of downstream products of tar processing enterprises have declined or even slumped, resulting in a significant drop in the efficiency of tar processing enterprises. It is understood that the price of asphalt products, which account for 55% of tar demand, fell once and then fell. The average price fell to less than 400 yuan/ton, which was a drop of more than 50% from the beginning of the year.
On the one hand, there is a shortage of upstream tar and a sharp rise in prices. On the other hand, the price of downstream products has fallen sharply, and tar processing companies are facing Waterloo. The heads of tar processing companies such as Shanghai Baosteel Chemical Co., Ltd., Anshan New Steel Co., Ltd., Bengang Coking Co., Ltd., Shanxi Coking Co., Ltd., and Ma Steel Coking Co., Ltd. complained about the issue. So far, many small tar processing companies in the industry have been in a loss situation, and some small-scale enterprises with poor competitiveness have been forced to stop production.
Facing the current dilemma of tar processing companies, 18 tar processing companies such as Shanghai Baosteel Chemical Co., Ltd. reached a consensus in Beijing to establish a long-term and stable market, maintain a good market partnership, and rationalize the price system of tar processed products. This round of mutating tar prices, tar processing companies should take the road to unity and seek the right to speak in the market.
The deputy general manager of Baosteel Chemical Huang Jianguo hopes that the tar processing industry can act together to tide over the difficulties. However, he also said that tar processing companies must join together to limit the production price, but also need a certain period of run-in.
Coal chemical expert Xu Guangcheng said that in the next 1 to 2 years, China's tar processing industry will form a fierce competition situation. The tar processing industry will eventually undergo an integration. Small-scale enterprises will be eliminated. China will truly realize centralized tar processing and finally form a conglomerate industrial complex. This is an inevitable trend in the development of the industry.
The tar processing company's joint initiative is to drastically change the tar oil price.
Since August, the turbulent market has been fluctuating. The price of Shanxi tar in the major tar producing regions in China has risen sharply. Many companies in Taiyuan have quoted at RMB 1,000/tonne, even RMB 1,100/tonne; the ex-factory price of tar in major coking enterprises in Linyi District has increased by 64.17% compared with April; the tar price in East China even pulled up to RMB 1,700/tonne. Most users need to pay for goods in line.
According to Huang Jianguo, deputy general manager of Shanghai Baosteel Chemical Co., Ltd., there are several reasons for this drastic change in the tar market. First, the country has successively introduced macro-control policies to limit the overheating of the steel industry and coke exports, resulting in excessive coke resources falling prices, coking enterprises to reduce the level of reduction in losses and even boring boilers to stop production, prolong coking time, thereby reducing the tar production; Second, the international crude oil High prices drove the rise of heavy oil prices. Many domestic large-, medium- and small-sized heavy oil users, such as glass factories, ceramics factories, and steel mills, switched to tar and coal-tar fuel oil in order to ease cost pressures, and the supply and demand of the tar market quickly reversed. In addition, users in the Guangdong region with the largest demand for fuel oil in the country have higher acceptance prices of tar than other regions, which has attracted tar suppliers to the Guangdong market, causing tar supply shortages in other regions.
The analysis of Shanxi tar processing companies is based on another idea. Shanxi Hongte Coal Chemical Co., Ltd. official said that since the end of June, Shanxi coke production companies have limited production, coking companies have greatly reduced tar production. At the same time, however, the operating rate of tar processing companies has reversed, resulting in a tighter tar supply. In addition, there are a lot of tar processing companies in Linyi area, especially raw material procurement of 300,000 tons/year of tar processing that Shanxi Coking Group is about to start and raw materials of 160,000 tons/year of tar processing projects that Linyi Jinhuan Coking Company has officially started recently. Demand has made the tar price in the region the highest price in recent years in Shanxi Province. Xue Xiangqi, general manager of Shanxi Coking Co., Ltd. disclosed that the start-up of the Shanjiao plant requires 900,000 tons of tar stocks, and it is only sourcing 400,000 tons. There are only 500,000 tons from the start date of September 17 only 10 days. The gap.
While tar prices are increasing, the prices of downstream products of tar processing enterprises have declined or even slumped, resulting in a significant drop in the efficiency of tar processing enterprises. It is understood that the price of asphalt products, which account for 55% of tar demand, fell once and then fell. The average price fell to less than 400 yuan/ton, which was a drop of more than 50% from the beginning of the year.
On the one hand, there is a shortage of upstream tar and a sharp rise in prices. On the other hand, the price of downstream products has fallen sharply, and tar processing companies are facing Waterloo. The heads of tar processing companies such as Shanghai Baosteel Chemical Co., Ltd., Anshan New Steel Co., Ltd., Bengang Coking Co., Ltd., Shanxi Coking Co., Ltd., and Ma Steel Coking Co., Ltd. complained about the issue. So far, many small tar processing companies in the industry have been in a loss situation, and some small-scale enterprises with poor competitiveness have been forced to stop production.
Facing the current dilemma of tar processing companies, 18 tar processing companies such as Shanghai Baosteel Chemical Co., Ltd. reached a consensus in Beijing to establish a long-term and stable market, maintain a good market partnership, and rationalize the price system of tar processed products. This round of mutating tar prices, tar processing companies should take the road to unity and seek the right to speak in the market.
The deputy general manager of Baosteel Chemical Huang Jianguo hopes that the tar processing industry can act together to tide over the difficulties. However, he also said that tar processing companies must join together to limit the production price, but also need a certain period of run-in.
Coal chemical expert Xu Guangcheng said that in the next 1 to 2 years, China's tar processing industry will form a fierce competition situation. The tar processing industry will eventually undergo an integration. Small-scale enterprises will be eliminated. China will truly realize centralized tar processing and finally form a conglomerate industrial complex. This is an inevitable trend in the development of the industry.
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