Properties of Precursor pitch derived from petroleum residue were studied physical and chemical analysis method for investigation of production of pitch fiber. For preparing of those precursor pitches it was carried out a temperature and time variation experiment i reactor. It was demonstrated the precursor pitch prepared in this study to have a similar properties to Ashland precursor pitch capable of bulk mesophase formation from the results of the basic analysis, that is, molecular weight distribution, coking yield, carbon content, chemical composition, etc.