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Weekly Review of Anthracene Oil 11.02

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November 3, 2023, 3:40 PM

1.  Anthracene Oil Market Analysis

 

China's anthracene oil market price trend declined this week. As of now, the market price in Shandong is 5,000 - 5,100 yuan/ton. The price of coal tar fell again due to terminal weakness, and the cost of anthracene oil was strong and negative for the market; the market price of carbon black fell twice, and the pressure on raw materials was obvious; the losses of deep processing companies increased, and the operating rate of the anthracene oil hydrogenation market fell, and the purchase volume was average. The focus of real orders in the anthracene oil market has shifted downward this week, with negative market factors dominating the top. 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 26

November 2

Weekly ups and downs

units

Shandong

5100-5200

5000-5100

-100/-100

Yuan/ton

Henan

5150-5200

4700-4750

-450/-450

Yuan/ton

Shanxi

4950-5050

4650-4700

-300/-350

Yuan/ton

Ningxia

4900-5000

4500-4600

-400/-400

Yuan/ton

 

3.  Weekly output of anthracene oil

This week, the profitability of anthracene oil companies was poor, and the operating rate dropped significantly. The weekly output of anthracene oil decreased compared with last week. This week's output was 58.49 million tons, a decrease of 1.61 million tons from last week.

 

 

4.  Deep processing operating rate

The effective production capacity this week is about 23.6 million tons, of which 300,000 tons of equipment in East China and 150,000 tons in Southwest China continue to be overhauled. Some enterprises in other regions have also stopped work for maintenance, dragging the operating rate of deep processing this week to a slight reduction. Currently, the operating rate of deep processing enterprises is 45.21%, down 1.39% from last week.