SunSirs: In July, the Cyclohexane Market Ran in a Narrow Range and Was Strong

Price trend

According to the data monitored by SunSirs, as of August 2, the average price of domestic industrial-grade high-quality cyclohexane was 9,733.33 RMB/ton, an increase of 6.57% compared with the same period last month. The quotations of mainstream manufacturers were in the range of 9,500-10,000 RMB/ton. In the short term, it will maintain a stable and upward operation, the focus of negotiations is stable, the supply side is normal, and the downstream procurement atmosphere is general.

Analysis review

In the first ten days of July, the average price of domestic industrial grade cyclohexane was 9,833.33 RMB/ton, and the quotation range of mainstream manufacturers remained around 9,200 RMB/ton. The overall market of cyclohexane was balanced in supply and demand, and the downstream just needed to purchase mainly, the focus of negotiation was stable, and the supply side was normal. The latest price of the enterprise: the price of cyclohexane of Jinan Mingyu Chemical Co., Ltd. was 8,400 RMB/ton, the price of cyclohexane of Liaocheng Qianze Chemical Products Co., Ltd. was 9,800 RMB/ton, the price of cyclohexane of Zhejiang Jinmaotong Supply Chain Management Co., Ltd. was 9,800 RMB/ton / ton, and the price of cyclohexane of Jinan Qichen Chemical Co., Ltd. was 9,800 RMB/ton. Upstream pure benzene: mainly based on stable operation. On July 12, Sinopec Group North China: Qilu Petrochemical's pure benzene quotation was 9,150 RMB/ton, Shijiazhuang Refinery's pure benzene quotation was 9,150 RMB/ton, and Tianjin Petrochemical's pure benzene quotation was 9,300 RMB/ton; East China: Yangzi Petrochemical pure benzene quotation was 9,300 RMB/ton; South China: Hainan refining and chemical’s pure benzene quotation was 9,300 RMB/ton; Central China: Wuhan ethylene’s pure benzene quotation was 9,300 RMB/ton; others: Dongming Petrochemical's pure benzene price was 9,100 RMB/ton, the price of Jingbo Petrochemical's pure benzene was 9,000 RMB/ton, the price of HSBC's pure benzene was 9,200 RMB/ton, the price of Weilian Chemical's pure benzene was 9,003 RMB/ton, the price of petrochemical’s pure benzene was 9,100 RMB/ton.

In mid-July, the average price of domestic industrial grade cyclohexane was 9,833.33 RMB/ton, and the quotation range of mainstream manufacturers remained around 9,266.67 RMB/ton. The overall market for cyclohexane was balanced in supply and demand, with downstream just-needed purchased mainly, the focus of negotiation was stable, and the supply side was normal. The latest price of the enterprise: the price of cyclohexane of Jinan Mingyu Chemical Co., Ltd. was 8,400 RMB/ton, the price of cyclohexane of Liaocheng Qianze Chemical Products Co., Ltd. was 9,800 RMB/ton, the price of cyclohexane of Zhejiang Jinmaotong Supply Chain Management Co., Ltd. was 9,800 RMB/ton, and the price of cyclohexane of Jinan Qichen Chemical Co., Ltd. was 9,800 RMB/ton. Upstream pure benzene: Upstream pure benzene was running in a narrow range and weak. East China: The price of pure benzene of Yangzi Petrochemical was 9,150 RMB/ton; South China: the price of pure benzene of Hainan Refinery was 9,150 RMB/ton; Central China: the price of pure benzene of Wuhan ethylene was 9,150 RMB/ton.

In late July, the average price of domestic industrial grade cyclohexane was 9,833.33 RMB/ton, and the quotation range of mainstream manufacturers remained around 9,266.67 RMB/ton. The overall market supply and demand of cyclohexane was balanced, the downstream mainly purchased on rigid demand, the focus of the negotiation was stable, the supply side was normal. the price of cyclohexane of Jinan Mingyu Chemical Co., Ltd. was 8,400 RMB/ton, the price of cyclohexane of Liaocheng Qianze Chemical Products Co., Ltd. was 9,800 RMB/ton, the price of cyclohexane of Zhejiang Jinmaotong Supply Chain Management Co., Ltd. was 9,800 RMB/ton, and the price of cyclohexane of Jinan Qichen Chemical Co., Ltd. was 9,800 RMB/ton. Upstream pure benzene: Upstream pure benzene was running in a narrow range and weak. East China: The price of pure benzene of Yangzi Petrochemical was 9,150 RMB/ton; South China: the price of pure benzene of Hainan Refinery was 9,150 RMB/ton; Central China: the price of pure benzene of Wuhan ethylene was 9,150 RMB/ton.

Chemical Index: On August 1, the commodity price index was 1,049 points, down 1 point from previous day, down 21.89% from the highest point in the cycle of 1,343 points (2021-10-19), and up 58.94% from the lowest point of 660 points on February 3, 2016. (Note: The cycle refers to 2011-12-01 to the present).

Market outlook

The cyclohexane analyst of SunSirs believes that the cyclohexane market is expected to run steadily in August, and the price fluctuates little.

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