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Analysis of Anthracene Oil Market on October 24

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October 24, 2023, 4:12 PM

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on October 24 was 5,131.25, which was the same as yesterday.



Today, China's anthracene oil market is weak. As of now, the mainstream price of anthracene oil in Shandong is 5,200 - 5,250 yuan/ton. The anthracene oil market in Shandong has been calmly organized. New orders in the region have not yet been negotiated, and there are no new orders for raw coal tar prices. The industry has a strong wait-and-see atmosphere, and the downstream carbon black market has not diminished. It is expected that the actual order negotiations will be weak; There have been no new orders heard in the anthracene oil market in Shanxi, and the wait-and-see attitude in the field is strong. The bargaining mentality of the terminal carbon black industry has followed up. At the same time, the tar is not yet clear, so buyers and sellers in the anthracene oil market have yet to negotiate.

 

2. Anthracene oil market price

Anthracene oil market price on October 24

market

October 23

October 24

rise and fall

units

Shandong

5200-5250

5200-5250

0

Yuan/ton

Henan

5150-5200

5150-5200

0

Yuan/ton

Shanxi

5150-5250

5150-5250

0

Yuan/ton

Ningxia

4900-5000

4900-5000

0

Yuan/ton

 

3. market outlook

There are few discussions on new orders in the anthracene oil market today. The market price of raw coal tar has fallen and risen, but the price is still at a high level, which provides good support for the cost of anthracene oil; the pressure on negotiations on new orders in the carbon black market is high, which has reversed the pressure on the raw material market and has a repressive attitude towards the anthracene oil market; The operating rate of deep processing has declined within a narrow range, and the demand side has performed coldly. The anthracene oil market is expected to operate weakly in the short term.