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Analysis of Anthracene Oil Market on March 7

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March 7, 2024, 4:02 PM

1. Anthracene Oil Index Analysis 

According to Tdd-global data, the anthracene oil price index on March 7 was 4,962.5, up 62.5 from yesterday, or 1.28%.


Today, the market price of anthracene oil in China has increased within a narrow range. As of now, the mainstream price of anthracene oil in Shandong is 5,200 - 5,250 yuan/ton. The anthracene oil market in Hebei is operating well, and terminal receipt is not ideal. Although the company's offers are actively exploring, the transaction is yet to be negotiated. The resistance of downstream carbon black companies is following suit, making it more difficult to buy at high levels; the anthracene oil market in Shanxi is looking for a rise, and the company's current offers are tentatively pushing up. However, downstream carbon black companies have a strong bargaining attitude, and deep processing companies intend to ship. The price has increased, and terminal resistance has intensified.

 

2. Anthracene oil market price

Anthracene oil market price on March 7

market

March 6

March 7

rise and fall

units

Shandong

5000-5100

5200-5250

200/150

Yuan/ton

Henan

4900-5000

4900-5000

0

Yuan/ton

Shanxi

4900-5000

4950-5000

50/0

Yuan/ton

Ningxia

4600-4650

4600-4650

0

Yuan/ton

 

3. market outlook

Today, the focus of transactions in the anthracene oil market shifted upward. The market price of high-temperature coal tar has moved upwards, and the cost pressure on anthracene oil companies has increased; the downstream carbon black market price has remained stable at a high level, which has certain positive support for the anthracene oil market; the operating rate of downstream deep processing companies has increased, and terminal demand has improved. It is expected that the anthracene oil market will operate strongly in the short term.