Analysis of Anthracene Oil Market on November 28

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on November 28 was 4,693.25, 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 - 4,900 yuan/ton. During the negotiation of new orders in the anthracene oil market in Shandong, the price of raw material coal tar has not yet been released, and the new order for carbon black has begun to hold prices, which also has good support for the market. However, at present, the downstream resistance is still high, and it is expected that new orders will maintain price consolidation; the anthracene oil market in Shanxi is mainly market-oriented, and there is resistance to receiving goods at on-site terminals. No new orders have been heard by the buyers and sellers. More contracts from last week have been delivered in the market. Carbon black companies currently intend to hold prices, but they may have bargaining sentiment towards the raw material market.

2. Anthracene oil market price

3. market outlook

There were fewer new orders in the anthracene oil market today. The price of high-temperature coal tar market has a slight room for increase, and the cost side supports the market; the price of new orders in the carbon black market is firm, which provides certain support for the market; terminal demand is still sluggish, dragging down the anthracene oil market. It is expected that the anthracene oil market will run smoothly in the short term.