Price trend

According to data monitored by SunSirs, as of November 11, the average price of domestic industrial-grade premium cyclohexane was 7,000 RMB/ton. This week, the price of cyclohexane remained stable, with insufficient upward momentum.

Market Analysis

Market Overview: This week, the cyclohexane market remained stable with minor price fluctuations. As the main producing area, Shandong Province had a loose supply of cyclohexane, facing intense competition among brands. Downstream demand was mainly for immediate needs, resulting in insufficient upward pressure on prices.

Upstream benzene: Upstream benzene prices fluctuated within a limited range, providing only moderate support to the cyclohexane market. On November 10, benzene prices fluctuated with a slight upward bias, while downstream demand remained weak, resulting in overall market pressure.

On the demand side: downstream demand for cyclohexane was not ideal, and the market demand for caprolactam was sluggish, mainly driven by immediate needs and with weak purchasing intentions. The cyclohexane market maintained growth in traditional sectors, while emerging sectors bring growth opportunities.

Market Forecast:

According to analysts at SunSirs, the cyclohexane market will likely consolidate within a narrow range in the short term.

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