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Article: Small fluctuations of the coal tar market in 2008.(Energy)
- Article from:
- China Chemical Reporter
- Article date:
- February 26, 2008
- Author:
CopyrightCOPYRIGHT 2008 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Basic balance of supply and demand
China's output of coke reached around 330 million tons in 2007. Based on a coal tar yield of 3.26%, the output of coal tar was around 10.76 million tons, an increase of around 10% over 2006.
The main reasons for the growth of coal tar output were as follows. (a) The rapid growth of iron and steel demand worldwide, and especially in China, promoted rapid development of the coking sector here. The rapid increase of coke output in China, in turn, led to growth of coal tar output. (b) The rapid increase of domestic coal tar demand also promoted the growth of coal tar output.
The actual consumption of coal tar in ...