Analysis of Anthracene Oil Market on November 6

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on November 6 was 4,706.25, down 56.25 from the previous working day, or 1.18%.

Today, the price of anthracene oil in China has stabilized and fluctuated slightly, and the trend is downward. As of now, the mainstream price of anthracene oil in Shandong is between 4,800 - 4,850 yuan/ton. Negotiations on new orders in the anthracene oil market in Shandong remained low. The carbon black market received significantly reduced prices, and the pressure on high-level shipments was great. The high-level offers were not yet completed last week. The anthracene oil market in Hebei was mainly on the sidelines, and no new orders have been heard yet. There is resistance to the transaction of real orders in the market.

2. Anthracene oil market price

3. market outlook

There were fewer new orders in the anthracene oil market today. Raw coal tar maintained a downward trend, and the cost of anthracene oil was negative for the market; carbon black companies were blocked in pricing new orders, and the pressure on anthracene oil intensified; the oil market price fluctuated significantly, which was negative for the anthracene oil hydrogenation market; deep processing companies suffered losses. Large, the operating rate slipped below 50%, and the anthracene oil market is expected to maintain a downward trend in the short term.