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SunSirs: The Trend of Cyclohexane Market Was Relatively Strong (January 6-13)
January 17 2023 14:26:50SunSirs(John)

Price trend

According to the data monitored by SunSirs, as of January 13, the average price of domestic industrial grade superior cyclohexane was 7,100.00 RMB/ton, up 1.43% from the same period last week, or up about 100 RMB/ton. In the short term, the cyclohexane market was mainly stable and strong.

Analysis review

This week, the average price of domestic industrial grade superior cyclohexane was 7,100.00 RMB/ton. As of the 13th, the range of quotations from mainstream manufacturers remained around 7,000 RMB/ton, the supply range was normal. Near the end of the year, the logistics had been shut down. The overall market was just base on in-needed procurement, and the delivery was slow. The latest price of cyclohexane: Nantong Runfeng Petrochemical Co., Ltd. 7,300 RMB/ton, Wande (Shanghai) International Trade Co., Ltd. 7,050 RMB/ton, Jinan Qichen Chemical Co., Ltd. 6,800 RMB/ton, Liaocheng Yuanze Chemical Products Co., Ltd. 6,800 RMB/ton.

Chemical index: The chemical index was 910 points on January 12, down 2 points from the previous day, down 35.00% from the highest point of 1,400 points in the cycle (2021-10-23), and up 52.17% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Market outlook

Cyclohexane analysts from SunSirs believe that the cyclohexane market will maintain stable and stronger operation in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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