According to SunSirs analysis system, on May 28, the price of cyclohexanone in Shandong Province was 7,300 RMB/ton. Compared with May 1 (the price of cyclohexanone is 7,637 RMB/ton), the price was lowered by 337 RMB/ton, a drop of 4.42%.

From SunSirs analysis system, it can be seen that in May, the overall cyclohexanone market in Shandong Province showed fluctuations and declines. In early May, the overall cyclohexanone market in Shandong was running "first fall, then rise". After Labor Day returned, the supply of cyclohexanone on the market was loose, and some factories had certain supply pressure. The downstream demand for cyclohexanone was cautious, and it was difficult to provide effective support to the market on the demand side. The center of gravity of cyclohexanone continued to decline. On May 13, the Shandong cyclohexanone market price fell to the lowest point within the month, with the price referenced around 7,000 RMB/ton. Subsequently, supported by the rise in the market for pure benzene on the raw material side, the cyclohexanone market "up with the original trend", and the market ushered in a brief recovery. As of May 16, the price of cyclohexanone in Shandong was around 7,500-7,600 RMB/ton.

In late May, the Shandong cyclohexanone market fell as a whole, the raw material market fell, the cost side supported loosely, the demand side of cyclohexanone performed cautiously, and the demand side provided the market with insufficient transmission momentum. Therefore, although the cost side provided the market with certain support, the blockage of supply and demand transmission still could not support the continuous recovery of the cyclohexanone market. In the late month, the center of gravity of the cyclohexanone market was under pressure. As of May 29, the domestic cyclohexanone market price referenced around 7,200-7,300 RMB/ton.

Upstream: In May, the pure benzene market at the raw material side fluctuated and rose. On May 28, the reference price of pure benzene was 5,828.67 RMB/ton, an increase of 2.1% compared with May 1 (5,708.67 RMB/ton).

Future market analysis

At present, the overall trading atmosphere of Shandong's cyclohexanone market is still low, the focus of on-site negotiations is on the low end, and downstream preparations are cautious. The SunSirs cyclohexanone data scientist predicts that in the short term, the domestic cyclohexanone market will mainly consolidate the range, and we need to pay more attention to the news changes in the supply and demand side.

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