Price trend

According to data monitored by SunSirs, as of August 14th, the average price of domestic industrial grade premium cyclohexane was 7,066.67 RMB/ton, a narrow upward trend compared to the same period last week, with an overall increase of 3.41%. The overall market supply and demand were balanced, and shipments were currently slow.

Analysis review

This week, the market price of cyclohexane was weaker in a narrow range, with the mainstream price around 7,066.67 RMB/ton. Compared to the same period last week, the price remained stable, with mainstream manufacturers maintaining a quotation range of around 7,000 RMB/ton and a stable operating rate. Downstream procurement was mainly on demand, and the negotiation atmosphere was flat. The latest quotation from the enterprise: Zhongyin New Materials (Shandong) Co., Ltd. offered a price of 7,350 RMB/ton, Shandong Hongyang Chemical Co., Ltd. offered a price of 6,500 RMB/ton, Jiangsu Runfeng Synthetic Technology Co., Ltd. offered a price of 6,900 RMB/ton, and Jiangsu Pulesi Biotechnology Co., Ltd. offered a price of 7,200 RMB/ton.

Chemical Commodity Index: On August 13th, the chemical index stood at 874 points, unchanged from the previous day, a decrease of 37.57% from the cycle's highest point of 1,400 points (2021-10-23), and an increase of 46.15% from the lowest point of 598 points on April 8, 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, he cyclohexane market will mainly be stable, with a narrow range stronger.

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