ICCSINO: This month, coal tar pitch prices fell initially but then rose, overall trending towards stability. By the end of the month, the mainstream price for modified coal tar pitch was RMB 4,250-4,400 per ton, and the mainstream price for medium-temperature coal tar pitch was RMB 4,250-4,350 per ton. This month, coal tar pitch prices were mainly influenced by fluctuations in upstream raw material prices. Downstream demand was affected by the buyer's mentality of "buying on rises, not on falls," leading to increased purchasing enthusiasm at the end of the month. The operating rate of the pre-baked anode industry, which is the main demand driver, remained relatively unchanged. The operating rates of the graphite electrode and coal-based needle coke industries were low, with only a small amount of rigid demand. Currently, coal tar pitch is supported by costs and influenced by downstream buyers' positive purchasing attitudes. Prices are expected to have potential for further increases in the future market.
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