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Analysis of Anthracene Oil Market on October 31

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October 31, 2023, 4:24 PM

1. Anthracene Oil Index Analysis 

According to Tdd-global's data, the anthracene oil price index on October 31 was 5000, which was the same as yesterday.



Today, the market price of anthracene oil in China is running smoothly. As of now, the mainstream price of anthracene oil in Shandong is 5,100 - 5,200 yuan/ton. The anthracene oil market in Hebei is dominated by consolidation, with resistance to terminal receipt. The wait-and-see trend is strong, and downstream purchasing is still negative; the anthracene oil market consolidation trend in Shanxi continues, and companies have no new orders yet heard, and downstream carbon black companies have actual orders expected to decline, thus being passive in purchasing anthracene oil.

 

2. Anthracene oil market price

Anthracene oil market price on October 31

market

October 30

October 31

rise and fall

units

Shandong

5100-5200

5100-5200

0

Yuan/ton

Henan

5000-5050

5000-5050

0

Yuan/ton

Shanxi

4950-5050

4950-5050

0

Yuan/ton

Ningxia

4700-4900

4700-4900

0

Yuan/ton

 

3. market outlook

There were fewer new orders in the anthracene oil market today. The raw coal tar market is weak, and there is a negative impact on costs; the carbon black market is resistant to raw materials, and the willingness to receive goods has declined; the price of China's oil market fluctuates significantly, and anthracene oil hydrogenation companies are more cautious in receiving goods; deep processing companies have suffered losses. Large, the operating rate has dropped significantly, and the anthracene oil market is expected to operate weakly in the short term.