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Analysis of Anthracene Oil Market on November 8

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November 8, 2023, 4:35 PM

1. Anthracene Oil Index Analysis 

According to Tdd-global's data, the anthracene oil price index on November 8 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. New orders in the anthracene oil market in Shandong have not been negotiated yet, and new orders for raw material coal tar prices have not been released yet. Operators are holding a wait-and-see attitude. Negotiations on new orders for carbon black continue to fall, which is negative for market acceptance; buying orders in the anthracene oil market in Shanxi are not ideal, and there is resistance to terminal acceptance. The negative situation in the market has intensified, and it is difficult to close new orders in the market. Pay attention to the negotiated price of anthracene oil in the later period.

 

2. Anthracene oil market price

Anthracene oil market price on November 8

market

November 7

November 8

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 difficult to support the market; carbon black companies are blocked in pricing new orders, and the pressure on anthracene oil has intensified; downstream deep processing has suffered serious losses, and the operating rate of companies continues to decline. It is expected that the anthracene oil market will be in the short term. Falling expectations are expected.