On September 29, the cost of anthracene oil temporarily stabilized after a negative decline, and new orders before the holiday were stabilized.
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September 29, 2024, 4:40 PM 1. Anthracene Oil Index Analysis
According to Tuduo data, the anthracene oil price index on September 29 was 3,897.92, which remained stable compared with the previous working day.
The market price of anthracene oil in China remains stable today. At present, the price of anthracene oil in Shandong is 3,800 - 4,100 yuan/ton. There are not many discussions on new orders. Before the National Day, the new orders are basically completed. The on-site contract price is at a low level. Downstream is not enthusiastic about receiving goods, so negotiations are mainly needed. The price of anthracene oil in Shanxi is 3,900 - 4,000 yuan/ton, which is weaker than the Shanxi anthracene oil market on the previous working day. It is more difficult to complete real orders on the site, and there are mainly many delivery contracts for anthracene oil.
2. Anthracene oil market price
3. market outlook
Last week, China's anthracene oil market continued to decline, and the raw coal tar market remained weak, and the cost side was negative for the market; however, the carbon black market was basically completed, and the volume of new orders in the market before the holiday declined. The majority of contracts were executed. The manufacturers also had plans to reduce the burden, and the inventory was controlled at a low level. Therefore, new orders in the market before the holiday did not fluctuate much. It is expected that the anthracene oil market will stabilize and operate in the short term.