November 11 Anthracene Oil: Market wait-and-see consolidation, new orders have room for decline

Anthracene oil: Market wait-and-see consolidation, new orders have room for decline

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on November 11 was 3,898.96, down 62.5 from the previous working day.

Today, anthracene oil market prices in China are stable. The anthracene oil market in Hebei is operating in a weak position, terminal receipt is difficult, and actual orders are not ideal. The anthracene oil market in Shanxi has undergone a transition from consolidation, and the transaction of real orders on the market has been blocked. The downstream carbon black industry has a strong bargaining mentality. The current negotiated price is around 3800 yuan/ton. The anthracene oil market in Shandong has been on the sidelines. Carbon black has been receiving and lowering prices. The negative atmosphere in the market is strong, and new orders remain weak.

2. Anthracene oil market price

3. market outlook

Today, China's anthracene oil market is mainly wait-and-see. No new orders in the market have been offered yet, and the trading atmosphere on the floor is light. New orders in the raw coal tar market are expected to decline, with negative guidance on cost. Coupled with the strong downward pressure atmosphere in the terminal carbon black market and a strong negative atmosphere in the anthracene oil market, new orders are still likely to decline.