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Analysis of Anthracene Oil Market on November 7

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November 7, 2023, 4:27 PM

1. Anthracene Oil Index Analysis 

According to Tdd-global's data, the anthracene oil price index on November 7 was 4,706.25, 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 4,800 - 4,850 yuan/ton. No new orders in the anthracene oil market in Shandong have been negotiated yet. The price of new orders for downstream carbon black continues to fall, which is negative for the anthracene oil market negotiations. Coupled with the decline in raw material coal tar, the negative trend is difficult to change, and the negative on the market is obvious. It is expected that the negotiations on new orders will remain weak; The anthracene oil market in Hebei is mainly wait-and-see, and no new orders have been heard in the market. There is resistance to the transaction of actual orders in the market.

 

2. Anthracene oil market price

Anthracene oil market price on November 7

market

November 6

November 7

rise and fall

units

Shandong

4800-4850

4800-4850

0

Yuan/ton

Henan

4700-4750

4700-4750

0

Yuan/ton

Shanxi

4550-4650

4550-4650

0

Yuan/ton

Ningxia

4500-4600

4500-4600

0

Yuan/ton

 

3. market outlook

Today, the anthracene oil market has a strong wait-and-see atmosphere. The raw material coal tar is weak, and the cost of anthracene oil is negative for the market; the pricing of new orders by carbon black companies has been blocked, and the pressure on anthracene oil has intensified; the oil market price fluctuates significantly, and the anthracene oil hydrogenation market is cautious in receiving goods; Deep processing companies are operating under great pressure, and the operating rate has slipped below 50%. The anthracene oil market is expected to maintain a downward trend in the short term.