Price trend

According to the Commodity Market Analysis System of SunSirs, on July 15th, the ex factory price of cyclohexanone in Shandong Province, China was referenced at 7,075 RMB/ton. Compared with July 11th (cyclohexanone price reference at 7,073 RMB/ton), the price increased by 38 RMB/ton, an increase of 0.53%.

From the commodity market analysis system of SunSirs, it can be seen that the domestic cyclohexanone market in Shandong region has narrowly increased in price since the beginning of this week (7.11-7.15). At the beginning of the week, major factories in Shandong had narrowly increased their cyclohexanone shipment prices by 50 RMB per ton, and the overall market was stable with a slight upward trend. As of July 13th, the reference price for cyclohexanone in Shandong region was around 7,000-7,250 RMB/ton.

Fundamental situation

In terms of cost: Recently, the benzene market on the cost side has fluctuated slightly and risen, providing stronger support for cyclohexanone compared to the previous period. The cyclohexanone market has risen slightly with the increase of raw materials.

In terms of supply and demand: As of July 15th, the overall supply level of the cyclohexanone market was stable, with little change in the supply side. On the demand side, the downstream market of cyclohexanone was mainly dominated by rigid procurement, and the overall performance of supply and demand was relatively calm.

Future outlook:

As of July 15th, the trading atmosphere in the cyclohexanone market was mild, with good business sentiment and acceptable transmission between supply and demand. The cyclohexanone data analyst from SunSirs predicts that in the short term, the domestic cyclohexanone market will mainly focus on consolidation, and specific changes in supply and demand information need to be closely monitored.

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