Analysis of Anthracene Oil Market on November 1

1. Anthracene Oil Index Analysis 

According to Tdd-global's data, the anthracene oil price index on November 1 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. There are not many discussions on new orders in the anthracene oil market in Shandong, and there is a strong wait-and-see atmosphere among operators in the market. The price of raw coal tar continues to fall and bears the market. The downstream is holding a suppressed mood, and there are expectations for a decline in the negotiations on new orders; the anthracene oil market in Shanxi is weak and wait-and-see, and the terminal carbon black industry in the field is not enthusiastic about buying and has a strong bargaining mentality towards anthracene oil. In addition, the decline in tar is running, and cost support is slowing down, which may bring negative sentiment to anthracene oil.

2. Anthracene oil market price

3. market outlook

There were fewer new orders in the anthracene oil market today. The raw coal tar market is weak, and there is little support for the cost of anthracene oil; the price of new orders in the carbon black market has declined, which is negative for the raw material market; the price of China's oil market has fluctuated significantly, and anthracene oil hydrogenation companies are more cautious in receiving goods; deep processing companies have suffered losses. Large, operating rates have dropped significantly, and the anthracene oil market is expected to operate weakly in the short term.