Anthracene oil: negative guidance at the cost end, low prices at the terminal, weak new orders
1. Anthracene Oil Index Analysis
According to TDD-global data, the anthracene oil price index on November 13 was 3898.96, which was stable compared with yesterday.
Today, the price of anthracene oil market in China is stable. The wait-and-see trend in the anthracene oil market in Hebei continues, terminal purchasing is passive, and it is difficult to complete real orders on the market. New orders in the cost-end coal tar market are certain to be weak, which is negative for the market. The anthracene oil market in Shanxi is weak, and it is difficult for the carbon black industry to receive goods. The early offer for anthracene oil is around 3800 yuan/ton. There are not many offers in the anthracene oil market in Shandong, but the decline in raw material market prices is difficult to change. The cost side is negative for offers, and there is still a certain weakness in the negotiation of new orders in the region.
2. Anthracene oil market price
3. market outlook
Today, China's anthracene oil market continued yesterday's consolidation and transition. New market orders have not yet been offered, and the trading atmosphere on the floor is light. The raw material coal tar is showing a certain weakness, and the cost side is dragging the market. In addition, the acceptance and bid price in the carbon black market is at a low level. The price of new orders is still depressed. There is limited room for price support in the anthracene oil market, and new orders are still expected to decline.
