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Weekly Review of Anthracene Oil 5.16

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May 17, 2024, 11:23 AM

1.  Anthracene Oil Market Analysis

 

This week, China's anthracene oil market prices fluctuated. So far, the market price in Shandong is 4,300 - 4,500 yuan/ton, and the market price in Shanxi is 4,300 - 4,350 yuan/ton. The market price of high-temperature coal tar fell within a narrow range, weakening the support for the cost of anthracene oil; anthracene oil companies have strong intention of raising prices, but the focus of new orders is mostly low; the downstream carbon black market has declined, and resistance to high-priced raw materials is strong; The operating rate of anthracene oil hydrogenation companies has dropped by 50%, and the market has maintained a ready-to-use and pick, and most merchants have a bearish mentality; downstream deep processing companies are operating at a loss, and manufacturers have greater sales pressure. There are negative factors in the anthracene oil market. It is expected that the anthracene oil market will operate weakly in the short term.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

May 9

May 16

Weekly ups and downs

units

Shandong

4400-4450

4300-4500

-100/50

Yuan/ton

Henan

4350-4400

4350-4400

0

Yuan/ton

Shanxi

4300-4350

4350-4400

50/50

Yuan/ton

Ningxia

4100-4200

4100-4150

0/-50

Yuan/ton

 

3.  Weekly output of anthracene oil

Weekly output of anthracene oil fell slightly this week. This week's output was 61,900 tons, down 0,100 tons from last week.

 

 

4.  Deep processing operating rate

This week, the effective production capacity of the anthracene oil market is about 24 million tons. A total of 1.2 million tons of equipment have been suspended for maintenance, and 900,000 tons of equipment have resumed production. The operating rate of deep processing has dropped slightly this week. The current operating rate of deep processing enterprises is 48.42%, which is lower than last week. 0.24%.