Price trend:

According to data monitored by SunSirs, as of November 22, the average price of domestic industrial-grade premium cyclohexane was 7,000 RMB/ton. As of November 22, the cyclohexane market was mainly stable with prices fluctuating within a narrow range. The overall market supply and demand were in balance, and there was insufficient momentum for price increases.

Market Analysis

Market Overview: Last week, the cyclohexane market saw stable trading, with insufficient support from upstream costs and weak downstream demand, leading to a focus on on-demand purchasing. As of November 22, the cyclohexane market was experiencing a supply surplus, with intense brand competition and insufficient upward power on prices. The market was mainly stable overall.

Upstream benzene: Upstream benzene prices fluctuated within a limited range, providing only moderate support to the cyclohexane market. Overall benzene shipments were slow, and price increases were insufficient. Downstream styrene production was declining, and demand was insufficient.

On the demand side: The downstream demand market for cyclohexane was not optimistic. The demand from downstream industries such as synthetic fibers and coatings was insufficient, traditional sectors were cautious in their procurement, and demand from emerging sectors was slowly being released.

Market Forecast:

According to analysts at SunSirs, the demand for cyclohexane is not optimistic, downstream operations are cautious, and demand is insufficient.

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