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Analysis of Anthracene Oil Market on October 25

92,125
October 25, 2023, 4:37 PM

1. Anthracene Oil Index Analysis 

According to Tuduo data, the anthracene oil price index on October 25 was 5,131.25, which was the same as yesterday.



Today, China's anthracene oil market is weak. As of now, the mainstream price of anthracene oil in Shandong is 5,200 - 5,250 yuan/ton. The anthracene oil market in Shandong is waiting and waiting. There are not many offers for new orders in the market. People in the industry are waiting for the price of raw material coal tar to be released. The carbon black market is suppressed significantly, and new orders are expected to remain weak; new orders in the anthracene oil market in Hebei are pending negotiation. Terminal carbon black companies have slowed down and buying of anthracene oil is negative. At the same time, there are still expectations for a decline in the tar market, and the bearish atmosphere for anthracene oil has intensified.

 

2. Anthracene oil market price

Anthracene oil market price on October 25

market

October 24

October 25

rise and fall

units

Shandong

5200-5250

5200-5250

0

Yuan/ton

Henan

5150-5200

5150-5200

0

Yuan/ton

Shanxi

5150-5250

5150-5250

0

Yuan/ton

Ningxia

4900-5000

4900-5000

0

Yuan/ton

 

3. market outlook

Today, the anthracene oil market has a strong wait-and-see attitude. Coal tar prices in some regions have been lowered, weakening support for the cost of anthracene oil; the pressure on negotiations on new orders in the carbon black market has been high, which has reversed the pressure on the raw material market and has a repressive attitude towards the anthracene oil market; international crude oil has closed down one after another, and anthracene oil hydrogenation The enthusiasm for receiving goods in the market has declined, and a negative atmosphere has permeated the venue. It is expected that there will be room for downward adjustment in the short-term anthracene oil market.