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Weekly Review of Anthracene Oil 10.19

90,572
October 20, 2023, 3:21 PM

1.  Anthracene Oil Market Analysis

 

This week, China's anthracene oil market prices fell within a narrow range. As of now, the market price in Shandong is 5,250 - 5,300 yuan/ton. Last week, the price of anthracene oil increased significantly, but the market was not fully digested. Downstream companies had obvious resistance. The price of new orders continued to decline this week; the market price of raw coal tar fell and rose, and is still at a high level. The pressure on anthracene oil production costs remains unchanged; The pressure on negotiations on new orders in the downstream carbon black market is high, bringing a certain negative atmosphere to the anthracene oil market; the operating rate of the anthracene oil hydrogenation market is relatively stable and the purchase volume is limited. The volume of actual orders in the anthracene oil market this week was average, and the focus of transactions had shifted downward. The anthracene oil market is expected to operate steadily in the short term.

 

2.  Comparison of market prices of anthracene oil

 

Comparison of anthracene oil market prices this week

market

October 12

October 19

Weekly ups and downs

units

Shandong

5250-5350

5250-5300

0/-50

Yuan/ton

Henan

5250-5300

5200-5250

-50/-50

Yuan/ton

Shanxi

5300-5400

5150-5250

-150/-150

Yuan/ton

Ningxia

4800-4900

4950-5050

150/150

Yuan/ton

 

3.  Weekly output of anthracene oil

This week, the starting level of anthracene oil companies was relatively stable, and the weekly output of anthracene oil fluctuated slightly. This week's output was 63,800 tons, a decrease of 0.85 million tons from last week.

 

 

4.  Deep processing operating rate

The effective production capacity this week is about 23.6 million tons. This week, 300,000 tons of equipment in Central China continued to be overhauled, and 600,000 tons of equipment in East China entered the maintenance period. This dragged down the operating rate of deep processing this week to slightly reduce. Currently, the operating rate of deep processing enterprises is 49.27%, down 0.74% from last week.