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On October 22, the anthracene oil market wait-and-see consolidation, showing a narrow range of upward trends

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October 22, 2024, 4:14 PM

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on October 22 was 3978.13, which remained stable compared with yesterday.

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The anthracene oil market stabilized today. Today, the anthracene oil market in Shandong is on the sidelines, and new orders have not been negotiated yet. The industry has a strong wait-and-see atmosphere, waiting for the introduction of new prices for raw coal tar bidding to guide the launch of new raw material coal tar bidding; the anthracene oil market in Shanxi is on the sidelines, and the market's early reference focus is concentrated on 3,950 - 4,000 yuan/ton. Terminal delivery contracts are the main focus. Downstream carbon black companies are on the sidelines of the bidding trend, and no new orders have been heard; The anthracene oil market in Hebei is consolidating sideways today. There are no new orders sold by deep processing companies in the market. Most of the buying focus of terminal carbon black companies has followed up, and the actual order of anthracene oil is difficult to find.

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3. market outlook

Today, China's anthracene oil market continues yesterday. New orders are waiting to be sorted out. Companies are waiting and waiting for the tender for new prices of raw materials coal tar and anthracene oil to provide guidance. Currently, the deep processing of coal tar is at a low level, and the supply of anthracene oil in the market is small. The downstream carbon black starts are stable, the purchasing atmosphere is still good, and the low-level price in the market is gradually decreasing. However, the price of new carbon black orders has not increased yet, resulting in limited ability to receive high-level goods. Therefore, the anthracene oil market is currently holding new orders and consolidating prices and running in a narrow range.