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SunSirs: Cyclohexanone Market Volatility Tended to Be Strong
September 23 2022 14:27:52SunSirs(John)

Price trend

According to the monitoring data of SunSirs, from September 16 to 22, the average domestic market price of cyclohexanone rose from 9,760 RMB/ton to 9,820 RMB/ton, an increase of 0.61% within the week, and the price fell by 0.20% month-on-month and 23.16% year-on-year.

Analysis review

The domestic cyclohexanone market was volatile this week. The price of cyclohexanone from Hualu Hengsheng, a major manufacturer, rose from 9,700 RMB/ton to 10,100 RMB/ton. The main reason is that the cost-oriented upward support and downstream pre-holiday replenishment and merchants pushed up, and the transaction focus rose.

Raw material pure benzene: the domestic pure benzene market price fluctuated upwards, and the spot demand was good. Sinopec pure benzene listing was raised by 100 RMB/ton to 7,850 RMB/ton.

Downstream CPL: CPL prices fell. The expected increase in supply affects the market mentality, coupled with the weak sentiment on the demand side, the CPL market fell.

Market outlook

The raw material pure benzene fluctuated at a high level, the cost support was stable, and the intention to stock up downstream before the holiday increased. The cyclohexanone analyst of SunSirs expects that the cyclohexanone market will be dominated by a strong consolidation in the short term.

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