Analysis of Anthracene Oil Market on October 19

1. Anthracene Oil Index Analysis 

According to Tdd-global's data, the anthracene oil price index on October 19 was 5,168.75, down 43.75 yuan/ton from yesterday, a decrease of 0.84%.

Today, the market price of anthracene oil in China has declined within a narrow range. As of now, the mainstream price of anthracene oil in Shandong is 5,250 - 5,300 yuan/ton. The anthracene oil market in Hebei is operating in a weak position, with strong resistance from end users. At the same time, the weakening of surrounding tar prices has also brought negative news to the market. The offer prices of deep processing companies in the field fell, and the focus of transactions was low; the price of raw materials in Shandong fell, the focus of buying in the anthracene oil market shifted downward, and the resistance of terminal carbon black companies increased, and the focus of bidding for anthracene oil declined to a low level.

2. Anthracene oil market price

3. market outlook

The atmosphere in the anthracene oil market is relatively cold today. The raw material coal tar market has been mixed, but the price is still at a high level, which provides good support for the cost of anthracene oil; the carbon black market has limited price space for new orders, which puts a pressure on raw materials; the downstream market has started steadily and the demand side has performed steadily. Stable, and the anthracene oil market is expected to operate weakly in the short term.