Coal Tar Pitch Prices Decline Amid Weak Demand and High Supply, Market Remains Sluggish
[SMM Aluminum News Flash] In the coal tar pitch market, upstream high-temperature coal tar prices continued to decline, significantly weakening cost support. Deep-processing enterprises maintained high operating rates, leading to persistently loose supply. Combined with downstream prebaked anode and other industries pushing for lower prices on rigid demand and insufficient purchasing enthusiasm, both supply and demand sides lacked upward momentum. In the short term, the coal tar pitch price center is likely to remain under pressure, with the market in the doldrums.