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SunSirs: The Cyclohexanone Market Is Running Smoothly

December 23 2020 13:40:04     SunSirs (John)

Price trend

The domestic cyclohexanone market has been running smoothly recently. According to the monitoring data of SunSirs, as of December 22, the average domestic market price of cyclohexanone was 6,983 RMB/ton, the price increased by 6.21% month-on-month and down by 3.90% year-on-year.

Analysis review

Raw material pure benzene is running weak, downstream chemical fibers and solvents just need to be purchased, cyclohexanone sales are blocked, traders follow the market, wait-and-see sentiment is strong, the market offers 7,250-7,350 RMB/ton, and the actual order is mainly discussed.

Market outlook

The cost support was weak, and small searches of cyclohexanone factories were blocked. However, the spot supply of caprolactam was tight, which may have some support for cyclohexanone. Cyclohexanone analysts of SunSirs predict that the short-term cyclohexanone market will stabilize and consolidate.

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

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