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Analysis of Anthracene Oil Market on November 20

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November 20, 2023, 5:21 PM

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on November 20 was 4,531.25, which was unchanged from the previous working day.


Today, the market price of anthracene oil in China is running smoothly. As of now, the mainstream price of anthracene oil in Shandong is 4,600 - 4,800 yuan/ton. The anthracene oil market in Shandong is operating stably, and new orders in the market have not yet been negotiated. Most of the goods received in the downstream carbon black market are just needed, and it is difficult to increase the price of new orders; the anthracene oil market in Hebei is in operation, and there is resistance to terminal receipt. The actual order transaction on the market is not ideal. Companies have delivered more early contracts, downstream carbon black manufacturers still have a bargaining mentality, and real orders in the market need to be followed up.

 

2. Anthracene oil market price

Anthracene oil market price on November 20

market

November 17

November 20

rise and fall

units

Shandong

4600-4800

4600-4800

0

Yuan/ton

Henan

4500-4550

4500-4550

0

Yuan/ton

Shanxi

4500-4550

4500-4550

0

Yuan/ton

Ningxia

4300-4350

4300-4350

0

Yuan/ton

 

3. market outlook

Today, the price of new orders in the anthracene oil market gradually stopped falling. The negative position in the high-temperature coal tar market has basically been exhausted, which has some support for the cost of anthracene oil; the quotation for new orders in the carbon black market is firm, but most of the goods received are maintained as needed, and the raw materials are still suppressed; the losses of downstream deep processing enterprises have eased, and the operating rate of enterprises has rebounded, and the anthracene oil market is expected to operate weakly in the short term.