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Weekly Review of Anthracene Oil 3.14

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March 15, 2024, 11:32 AM

1.  Anthracene Oil Market Analysis

 

This week, China's anthracene oil market fluctuated and fell. As of now, the market price in Shandong is 5,100 - 5,200 yuan/ton. The market price of high-temperature coal tar fell, and the cost support of anthracene oil weakened; the downstream carbon black market was seriously resistant to high-priced anthracene oil raw materials. Most inquiries were mainly based on price reductions, and there were few negotiations on new orders; The anthracene oil hydrogenation market started at a low level, with limited support needed; the operating rate of anthracene oil companies fluctuated within a narrow range, and anthracene oil output fell within a narrow range this week; the operating rate of deep processing companies declined, and the overall demand side performance was weak. The anthracene oil market is expected to operate weakly in the short term.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

March 7

March 14

Weekly ups and downs

units

Shandong

5200-5250

5100-5200

-100/-50

Yuan/ton

Henan

4900-5000

4950-5000

50/0

Yuan/ton

Shanxi

4950-5000

4900-4950

-50/-50

Yuan/ton

Ningxia

4600-4650

4600-4700

0/50

Yuan/ton

 

3.  Weekly output of anthracene oil

Weekly output of anthracene oil increased slightly this week compared with last week. This week's output was 61,300 tons, down 1,000 tons from last week.

 

 

4.  Deep processing operating rate

This week, the effective production capacity of the anthracene oil market is about 23.9 million tons, and a total of 500,000 tons of equipment have been suspended for maintenance. This week, the operating rate of deep processing declined within a narrow range. Currently, the operating rate of deep processing enterprises is 48%, down 0.73% from last week.