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Weekly Review of Anthracene Oil 10.27

92,339
October 27, 2023, 4:12 PM

1.  Anthracene Oil Market Analysis

 

China's anthracene oil market prices fell again this week. As of now, the market price in Shandong is 5,100 - 5,200 yuan/ton. This week, there were many auctions in the coal tar auction, and market prices fell across the board, weakening support for the cost of anthracene oil; the pressure for negotiations on new orders in the downstream carbon black market was high, bringing a certain negative atmosphere to the anthracene oil market; International crude oil prices fluctuate, and the performance of the oil market is unstable. The anthracene oil hydrogenation market is more cautious in receiving goods, and the purchase volume is limited. The volume of actual orders in the anthracene oil market this week is average, the focus of transactions has shifted downward, and supply and demand are weak. The anthracene oil market is expected to operate weakly in the short term.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

October 19

October 26

Weekly ups and downs

units

Shandong

5250-5300

5100-5200

-150/-100

Yuan/ton

Henan

5200-5250

5150-5200

-50/-50

Yuan/ton

Shanxi

5150-5250

4950-5050

-200/-200

Yuan/ton

Ningxia

4950-5050

4900-5000

-50/-50

Yuan/ton

 

3.  Weekly output of anthracene oil

This week, the starting level of anthracene oil companies was relatively stable, and the weekly output of anthracene oil fluctuated slightly. This week's output was 60,100 tons, a decrease of 3,700 tons from last week.

 

 

4.  Deep processing operating rate

The effective production capacity this week is about 23.6 million tons, of which 150,000 tons of equipment in Northeast China and 500,000 tons in Central China continue to be overhauled. Some enterprises in other regions have also entered the maintenance period, dragging down the operating rate of deep processing this week. Currently, the operating rate of deep processing enterprises is 46.6%, down 2.67% from last week.