Analysis of Anthracene Oil Market on January 11

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on January 11 was 3,893.75, down 31.25 or 0.8% from yesterday.

Today, the focus of transactions in China's anthracene oil market has shifted downward. As of now, the mainstream price of anthracene oil in Shandong is 4,050 - 4,150 yuan/ton. The anthracene oil market in Shandong is in a stalemate and consolidation, with on-site offer prices lowered within a narrow range. There are not many goods received in the carbon black market, the bid price is low, and manufacturers hold low prices and do not ship, so there are few actual orders on the market; The anthracene oil market in Shanxi is in consolidation and operation, and new orders on the market are subject to negotiation. Company quotations in the market are relatively firm, but the broad decline in tar and the decline in the carbon black industry may add bearish sentiment to the market.

2. Anthracene oil market price

3. market outlook

There were fewer new orders in the anthracene oil market today. The high-temperature coal tar market has declined widely, which has a strong negative impact on the cost of anthracene oil; the downstream carbon black market price has fallen again, and the attitude of bidding and price reduction has been strong; the operating rate of downstream deep processing enterprises remains low, and most of the purchases entering the market are based on just demand. It is expected that the anthracene oil market will operate weakly in the short term.