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On October 28, anthracene oil was stabilized and consolidated at the beginning of the week, and the positive atmosphere still exists

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October 28, 2024, 4:43 PM

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on October 28 was 4046.88, which remained stable compared with the previous working day.

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Anthracene oil market is consolidating prices today. At the beginning of the week, there were not many discussions on new orders in the anthracene oil market in Shandong. The on-site contract price was 4,100 - 4,200 yuan/ton. The raw material price was expected to increase the price, and the cost was good for offers. The anthracene oil market in Shanxi was mainly wait-and-see, and the market was willing to support the market. Currently, the reference focus is at 4,000 - 4,150 yuan/ton. Downstream carbon black companies continue to buy just now.

2. Anthracene oil market price

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3. market outlook

Last week, China's anthracene oil market pushed up within a narrow range. The rise in raw coal tar prices led to on-site offers, while downstream also bought up and entered the market. New orders showed a certain performance of following the increase. In addition, the offer for new carbon black orders was expected to increase prices, which also provided certain support for the anthracene oil market. The low prices on the site are gradually decreasing, downstream start-ups are stable, and the procurement atmosphere is still good. It is expected that subsequent new orders will rise and consolidate, and attention will be paid to the bidding of new orders.