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Weekly Review of Anthracene Oil 11.23

94,117
November 24, 2023, 3:17 PM

1.  Anthracene Oil Market Analysis

 

This week, China's anthracene oil market prices showed a trend of first suppression and then rising. As of now, the market price in Shandong is 4,700 - 4,800 yuan/ton. The market price of raw coal tar has recovered after falling, and support for the cost of anthracene oil has become stronger in the later period; the high levels of new orders in the carbon black market have shown a correction, which has resistance to raw materials; the operating rate of anthracene oil hydrogenation companies has declined, and the receiving of anthracene oil is obviously not as good as before; 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 demand. There is limited room for price hikes in the anthracene oil market, and there is great pressure for high-level negotiations, and new orders follow suit in a narrow range.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

November 16

November 23

Weekly ups and downs

units

Shandong

4600-4800

4700-4800

100/0

Yuan/ton

Henan

4600-4650

4650-4700

50/50

Yuan/ton

Shanxi

4500-4550

4600-4700

100/150

Yuan/ton

Ningxia

4400-4500

4450-4550

50/50

Yuan/ton

 

3.  Weekly output of anthracene oil

This week, the losses of anthracene oil companies in some regions have eased, and the operating rate has increased slightly. The weekly output of anthracene oil increased compared with last week. This week's output was 61,800 tons, an increase of 0,800 tons from last week.

 

 

4.  Deep processing operating rate

The effective production capacity of the anthracene oil market is about 23.7 million tons, of which a total of 500,000 tons of units in North China and Southwest China have been repaired and resumed operation. After the weather turned cold, the number of maintenance units has been reduced. The operating rate of deep processing has been slightly increased this week. Currently, the operating rate of deep processing enterprises is 47.52%, up 0.42% from last week.