Price trend

According to data monitored by SunSirs, as of March 31, the average price of premium industrial-grade cyclohexane in the domestic market stood at 7,400 RMB/ton. Market supply and demand have been relatively balanced recently, exhibiting a trend of steady upward movement; in the short term, the market is expected to primarily undergo stable, narrow-range consolidation.

Market analysis

Market Overview: As of March 31, the market exhibited an overall state of "oversupply and high inventory levels." Demand recovery in downstream sectors—such as coatings and textiles—remained sluggish; purchasing activity was driven primarily by immediate necessities, with a lack of impetus for large-scale inventory replenishment. Price Trends: Although export opportunities existed, domestic supply pressure remained significant; in the short term, the market is expected to maintain a pattern of "stable pricing and narrow-range consolidation." Key Applications: Cyclohexane is primarily utilized in the production of cyclohexanol and cyclohexanone, which are subsequently applied in fields such as nylon, coatings, and synthetic fibers. 

Regarding demand: Operating rates within the downstream nylon industry chain remained low, and profit margins are under pressure, thereby exerting downward pressure on raw material prices. Although export demand from regions such as Southeast Asia and the Middle East has seen rapid growth, overall export volumes have declined year-on-year, failing to effectively alleviate domestic supply pressures. Mid-term support: Favorable factors are emerging from policy initiatives and industrial chain upgrades. Against the backdrop of "Dual Carbon" goals and increasingly stringent environmental regulations, outdated production capacities face elimination, leading to heightened industry concentration—a trend that is conducive to improving the balance between supply and demand.

Market outlook

Analysts at SunSirs specializing in cyclohexane believe that, in the short term, the market will maintain its current trajectory, with prices remaining predominantly stable.

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