On November 5, the cost support of anthracene oil was insufficient, and the downstream mentality of price reduction remained unchanged, and the market remained weak.

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on November 5 was 4003.13, which remained stable compared with yesterday.

The anthracene oil market has maintained stability in recent days after a slight price cut in some regions. The consolidation trend of the anthracene oil market in Hebei continues, with new orders being sold on the market blocked, 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. Buyers and sellers in Shanxi conducted negotiations and operations, and the offer of anthracene oil was relatively stable, with the focus of reference in the early stage concentrated on 4,000 - 4,150 yuan/ton. The contract price in Shandong is around 4,050 - 4,100 yuan/ton. Real orders focus on the bidding for new orders in the coal tar market as guidance, and the downstream carbon black market also has the mentality of lowering prices.

2. Anthracene oil market price

3. market outlook

Today, China's anthracene oil market is mainly wait-and-see. The raw coal tar market has limited ups and downs, and the cost drive is not strong. However, new orders in the downstream carbon black market have begun to hold prices, but no transactions have yet been completed. Therefore, the ability to accept the anthracene oil market is limited. Market negotiations are under pressure, and new orders are expected to remain weak.