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November 18, anthracene oil: negative guidance for raw materials. Under terminal pressure, new orders remain weak

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November 18, 2024, 5:25 PM

Anthracene oil: Negative guidance for raw materials. Under the situation of terminal suppression, new orders remain weak.

1. Anthracene Oil Index Analysis

According to TDD-global data, the anthracene oil price index on November 18 was 3,685.42, which was stable compared with yesterday.

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Today, the price of anthracene oil market in China is stable. The anthracene oil market is mainly wait-and-see, and terminal purchasing is passive. The reference focus in the market is mostly 3,700 - 3,750 yuan/ton. The anthracene oil market in Shanxi is in consolidation and operation, and the demand side is weak. Most of the current offers from companies are concentrated at 3,600 - 3,650 yuan/ton, making it difficult for the carbon black industry to receive goods. The anthracene oil market in Shandong is stable and consolidated, and the downstream carbon black industry is under pressure, and there is no good support in the market.


2. Anthracene oil market price

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3. market outlook

Today, China's anthracene oil market continues to maintain stability. The price of new carbon black orders has declined. There is still an obvious suppression attitude towards raw materials. Coupled with the fact that new orders for raw materials have continued to decline. The negative cost situation has dragged down the market. The bearish sentiment of industry operators has intensified, and the anthracene oil market has limited room for price support.There are still expectations for a decline.