According to the monitoring of the commodity market analysis system of the business community, the auction price of the high-temperature Coal tar market rose slightly this week. From June 16 to June 25, the domestic Coal tar price rose from 3725 yuan/ton to 3842.5 yuan/ton, and the price rose by 3.15% in the cycle.

This week, the auction price of Coal tar in major domestic production areas basically rose, with slightly different increases in different regions. Among them, Shanxi region is around 3820-3870 yuan/ton, with an increase of 70-200 yuan/ton. The Shandong region is 3930 yuan/ton, up 280 yuan/ton. Hebei region is 3750 yuan/ton, with an increase of 150 yuan/ton. Jiangsu region is 3930 yuan/ton, up 280 yuan/ton.

The K-bar chart of commodity prices uses the concept of a price trend K-line to reflect weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-bar represents the range of fluctuations. From the above monthly Coal tar K column chart, it can be seen that since November 2022, the Coal tar market has declined for three consecutive months. The price recovered in February, fell sharply in March, and the decline again expanded in April. The weekly K column chart shows that the Coal tar market fell for six consecutive weeks, rose sharply for three consecutive weeks, and rose slightly by 3.15% this week after falling 14.61%.

This week, the auction price of Coal tar in major domestic production areas basically rose, with slightly different increases in different regions. This week, the coking enterprises started work at about 75%, basically flat compared with last week. The supply of Coal tar has little change compared with the previous period, and is slightly tight overall. In terms of demand, the deep processing industry started relatively stably this week, and the demand for Coal tar market is acceptable. The price of coal tar has also risen recently, supporting the rising of tar price this week. In the near future, the price of tar market fluctuates greatly, and the downstream product market is expected to be better near the end of the month, supporting the tar market mentality. The business community expects that the Coal tar market will have a small increase in the short term, but the specific trend still needs to pay attention to the price trend of the downstream coal tar and other major commodities.