According to the commodity market analysis system of SunSirs, on July 23, the ex-factory price of cyclohexanone in Shandong Province was 7,000 RMB/ton. Compared with July 15 (the price of cyclohexanone was 7,075 RMB/ton), the price dropped by 75 RMB/ton, a decrease of 1.06%.

From the commodity market analysis system of SunSirs, it can be seen that in late July (July 15-23), the market price of cyclohexanone in Shandong Province showed a volatile decline. The market price of cyclohexanone in Shandong Province dropped slightly, with a drop of about 50-100 RMB/ton. As of July 23, the market price of cyclohexanone in Shandong Province was around 6,950-7,050 RMB/ton.

Fundamental situation

Supply and demand: At present, the overall supply of cyclohexanone in the market is relatively abundant, and there is a certain pressure on the supply side. The downstream demand side continues to be mainly based on rigid demand purchases, and the transmission between supply and demand is weak.

Cost: In the second half of the month, the price of benzene, a cost raw material, fluctuated, which still brought certain cost pressure to cyclohexanone. On July 22, the reference price of benzene was 5858.67 RMB/ton, which was 1.4% lower than that on July 1 (5942 RMB/ton).

Market analysis

At present, the inquiry atmosphere of cyclohexanone is relatively light, and the mentality of the industry is general. The cyclohexanone data analyst of SunSirs predicts that in the short term, the domestic cyclohexanone market will mainly adjust and operate in a narrow range, and more attention needs to be paid to the changes in the news on the supply and demand sides.

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