China Coal Tar Market Analysis, Trends & Development Forecasts, 2014-2016

Topics: Coal, Charcoal, Coke Pages: 3 (625 words) Published: April 14, 2014
The report “China Coal Tar Industry Report, 2013-2016″ by Research in China is now available at chinamarketresearchreports.com. Contact sales@chinamarketresearchreports.com with “China Coal Tar Industry Report, 2013-2016” in subject line and your contact details to purchase this report or get your questions answered.

Synopsis
Amid China's economic slowdown in 2013, the coke price continued to fall and the coking industry remained weak, thus the situation of oversupply would not get changed in the short term. In 2005-2013, China's total coal tar output grew year by year with the rising coke output, at an annual average growth rate of 9.9%. The output in 2013 jumped 16% year on year to 20 million tons. Affected by material supply, 61.1% of domestic coal tar capacity is concentrated in the coal-rich North China (40%) and East China (21.1%). Shanxi as an important coal-producing province contributes 25.2% to the country’s total coal tar output, ranking first; Hebei takes second place with 16.1%; followed by Henan with 7.6%.

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In China, deep processing and carbon black consume more than 90% of coal tar, and a small amount of coal tar is exported or used to produce gasoline and diesel oil via high-pressure hydrogenation. China has few high-quality and high value-added coal tar deep-processed products. In 2013, Chinese coal tar deep-processing industry represented actual processing capacity of 11 million tons (total design processing capacity of 23 million tons), up 20.7% year on year. In the same year, the operating rate of carbon black processing units hit around 60%, with actual output of 3.8 million tons and coal tar consumption of 3.26 million tons. In 2013, Xinjiang Baoshun’s 300,000 tons/a Coal Tar Deep-processing Project (Phase I) and Shandong Baoshun’s 600,000 tons/a Coal Tar Deep-processing Project went into operation, making...
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