Analysis of Anthracene Oil Market on November 2
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November 2, 2023, 4:39 PM 1. Anthracene Oil Index Analysis
According to Tuduo data, the anthracene oil price index on November 2 was 4775, down 225 from yesterday, or 4.5%.
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Today, the market price of anthracene oil in China is declining. As of now, the mainstream price of anthracene oil in Shandong is 5,000 - 5,100 yuan/ton. There are not many discussions on new orders in the anthracene oil market in Shandong, and there is a strong wait-and-see atmosphere among industry operators. The price of raw coal tar continues to fall and is bearish on the market. Downstream is depressed, and there are expectations for a decline in the negotiations on new orders; the negotiation atmosphere in the anthracene oil market in Shanxi has weakened, terminal delivery is not ideal, and the carbon black industry is passive in buying. Affected by the decline in tar, it is difficult to close new orders.
2. Anthracene oil market price
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Anthracene oil market price on November 2 |
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market |
November 1 |
November 2 |
rise and fall |
units |
|
Shandong |
5100-5200 |
5000-5100 |
-100/-100 |
Yuan/ton |
|
Henan |
5000-5050 |
4700-4750 |
-300/-300 |
Yuan/ton |
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Shanxi |
4950-5050 |
4650-4700 |
-300/-350 |
Yuan/ton |
|
Ningxia |
4700-4900 |
4500-4600 |
-200/-300 |
Yuan/ton |
3. market outlook
There were fewer new orders in the anthracene oil market today. The market price of raw coal tar has declined, and there is little support for the cost of anthracene oil; the price of new orders in the carbon black market has declined, and companies are increasingly resistant to anthracene oil; the price of China's oil market has fluctuated significantly, and anthracene oil hydrogenation companies are more cautious in receiving goods; Deep processing companies have suffered large losses and operating rates have dropped significantly. The anthracene oil market is expected to operate weakly in the short term.