Analysis of Anthracene Oil Market on November 14

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on November 14 was 4,643.75, which was the same as yesterday.

Today, the market price of anthracene oil in China has temporarily stabilized. As of now, the mainstream price of anthracene oil in Shandong is 4,750 - 4,800 yuan/ton. There are not many new orders in the anthracene oil market in Shandong, and there is a strong wait-and-see atmosphere among the operators in the market. Currently, there is no new bidding price guidance in the raw material and anthracene oil market, and the downstream bid price is low; the anthracene oil market in Hebei is operating in a weak manner, and terminal delivery is not ideal, so negotiation between buyers and sellers on the market is the main focus. At present, more early contracts are being delivered in the market, and the decline in raw material coal tar continues, making it difficult to alleviate the suppression of the downstream carbon black industry.

2. Anthracene oil market price

3. market outlook

Today, the anthracene oil market is on the sidelines. The price of raw material coal tar is operating at a weak position, and there is little support for the cost of anthracene oil; the carbon black market is suppressing raw materials, and the bid price is low; the losses of downstream deep processing enterprises have eased, and the operating rate of enterprises has rebounded. It is expected that the anthracene oil market is weak in the short term.