According to SunSirs Commodity Market Analysis System, on September 5, the ex-factory price of cyclohexanone in Shandong, China, was referenced at 7,087 RMB/ton. Compared to August 30, the price remained largely unchanged. Compared to August 1 (when cyclohexanone was referenced at 7,262 RMB/ton), the price decreased by 175 RMB/ton, a drop of 2.41%.

Data from SunSirs indicates that during the first week of September, the domestic cyclohexanone market in Shandong primarily consolidated. Early September saw relatively calm market activity in Shandong, with minimal price fluctuations. Supply remained stable, while downstream users focused on essential purchases, resulting in weak supply-demand dynamics.

As of September 4, the reference price for cyclohexanone in Shandong stood around CNY 7,050-7,150/ton.

Cost Perspective: In early September, the cost-driven raw material, pure benzene, experienced narrow fluctuations, slightly easing cost support for cyclohexanone. On September 4, the reference price for pure benzene was CNY 5,968.67/ton, down 0.11% from September 1 (CNY 5,975.33/ton).

Market Outlook

Currently, cyclohexanone market trading activity remains subdued with stable supply and moderate demand. SunSirs cyclohexanone data analysts anticipate that in the near term, the domestic cyclohexanone market will primarily undergo narrow-range adjustments. Specific developments will depend on changes in supply and demand dynamics.

As an integrated internet platform providing benchmark prices, on September 9, the benchmark price of cyclohexanone on SunSirs was 7,087.50 RMB/ton, the same as at the beginning of this month.

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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