Anthracene oil: Support for raw materials is weak, downstream is low, and the pressure for negotiations on new orders is increasing
1. Anthracene Oil Index Analysis
According to TDD-global data, the anthracene oil price index on November 19 was 3,685.42, which was stable compared with yesterday.
Today's anthracene oil market prices in China wait and see. Negotiations on new orders in the anthracene oil market lack enthusiasm, terminal receipt is poor, on-site delivery contracts are the main priority, and resistance in the downstream carbon black industry has intensified. The anthracene oil market in Shanxi has been organized and operated, and the actual transactions on the market are not ideal. Most of the company's early offers are concentrated at 3,600 - 3,650 yuan/ton, and the carbon black industry is highly resistant. The anthracene oil market in Shandong is operating weakly. After the price of new carbon black orders fell, the trend is negative, and the tar market is still expected to decline, so the negative situation is difficult to alleviate.
2. Anthracene oil market price
3. market outlook
Today, China's anthracene oil market is operating in a weak position. Trading in new orders in the carbon black market is flat. There is still a suppression attitude on raw materials. Coupled with the fact that new orders for raw materials coal tar continue to decline. The negative cost has affected the market. There is a strong bearish sentiment among industry operators, and the price in the anthracene oil market is limited.There is still room for decline.
