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Weekly Review of Anthracene Oil 11.16

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November 17, 2023, 3:27 PM

1.  Anthracene Oil Market Analysis

 

This week, China's anthracene oil market prices showed a downward trend. As of now, the market price in Shandong is 4,600 - 4,800 yuan/ton. The price of raw material coal tar has fluctuated, and the support for the cost of anthracene oil is weak. The operating rate of anthracene oil companies is not high, and the on-site inventory is at a low level. This week, the carbon black offer price is firm, which provides certain support for the market; The losses of downstream deep processing companies have eased, and the operating rate of companies has rebounded, but terminal demand is still weak, and most purchases are mainly based on just needs. Negative factors dominate the market. Although cost prices have declined, the loss situation of anthracene oil companies is difficult to change, and the anthracene oil market is expected to consolidate in the short term.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

November 9

November 16

Weekly ups and downs

units

Shandong

4750-4800

4600-4800

-150/0

Yuan/ton

Henan

4700-4750

4600-4650

-100/-100

Yuan/ton

Shanxi

4600-4700

4500-4550

-100/-150

Yuan/ton

Ningxia

4400-4500

4400-4500

0

Yuan/ton

 

3.  Weekly output of anthracene oil

Coal tar prices fell and rose this week. The production pressures of anthracene oil companies in various regions were different. The loss situation of companies in some regions has eased, and the operating rate has increased slightly. The weekly output of anthracene oil increased compared with last week. This week's output was 61,000 tons, an increase of 0,8880 tons from last week.

 

 

4.  Deep processing operating rate

The effective production capacity of the anthracene oil market is about 23.6 million tons, of which 450,000 tons of units in North China, 300,000 tons in northwest China, and 300,000 tons in southwest China have been overhauled, and 500,000 tons of units have been added in East China. This week, the operating rate of deep processing enterprises has been slightly increased. At present, the operating rate of deep processing enterprises is 47.1%, up 0.59% from last week.