Price trend

According to data monitored by SunSirs, as of May 31, the average price of domestic industrial grade premium cyclohexane was 6,833.33 RMB/ton. In May, the overall price decreased by 7.03%, down 1.44% compared to the same period last week, and down 7.03% compared to the same period last month. The overall market was mainly narrowly weaker, and the price fluctuation range was not large.

Analysis review

In May, the price fluctuation range of cyclohexane market was limited, and the mainstream price was about 6,800 RMB/ton. Compared with the price of the same period last week, the price fell slightly. Recently, the trend was narrowly weaker, with mainstream manufacturers maintaining a quotation range of around 7,400 RMB/ton and a stable operating rate. The downstream purchased just in needed. The atmosphere of negotiation was flat. The latest prices of enterprises: Shandong Lifuda Fine Chemical Co., Ltd. 6,650 RMB/ton, Yangzhou Lihong Daily Chemical Technology Co., Ltd. 6,600 RMB/ton, Liaocheng Yuze Chemical Products Co., Ltd. 6,600 RMB/ton, and Shandong Dongfang Chemical Technology Co., Ltd. 6,600 RMB/ton.

Chemical Index: On May 30th, the chemical index reached 850 points, a decrease of 3 points from the previous day, a decrease of 39.29% from the highest point of 1,400 points in the cycle (2021-10-23), and a 42.14% increase from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

Cyclohexane analysts from SunSirs believe that in the short term, the cyclohexane market will be mainly stable and weaker.

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