On November 4, the market will experience a weak decline in the market after storing carbon black downstream of anthracene oil.

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on November 4 was 4003.13, down 6.25 or 0.16% from the previous working day.

The anthracene oil market experienced a reduction in Henan today. Today, the anthracene oil market in Henan is narrow and weak. The market negotiated price is around 4,000 - 4,050 yuan/ton. The downstream carbon black market has begun to suppress the price, and there is a certain negative market mentality. The anthracene oil market in Shandong Province is waiting and waiting today. The contract price in the zone is around 4,050 - 4,100 yuan/ton. Similarly, the downstream carbon black has a downward price mentality, and subsequent new orders are expected to be weak; the anthracene oil market in Hebei Province is temporarily consolidating sideways, with terminal purchasing passive, and the downstream carbon black industry has a strong bargaining mentality. The reference focus of anthracene oil is mostly at 4,000 - 4,100 yuan/ton.

2. Anthracene oil market price

3. market outlook

Last week, China's anthracene oil market showed weakness, with anthracene oil market prices falling within a narrow range in some regions. The reason was that recent new orders in the raw coal tar market had limited ups and downs, and the cost promotion was not strong; in addition, the downstream carbon black market has begun to suppress the anthracene oil market. The market has negotiated and held pressure at high levels, and the high levels have shown a narrow decline, so subsequent new orders in the anthracene oil market will remain weak.