SunSirs: The Cyclohexane Market Was Stable and Weaker (February 15-22)
February 23 2023 09:39:44 SunSirs (John)
Price trend
According to the data monitored by SunSirs, as of February 22, the average price of domestic industrial grade superior cyclohexane was 7,233.33 RMB/ton, and the overall price declined by 0.91% compared with the same period of last week. The purchasing atmosphere was general and the focus of negotiation was stable.
Analysis review
This week, the average price of domestic industrial grade superior cyclohexane was 7,233.33 RMB/ton, and the quotation range of mainstream manufacturers remained around 7,300 RMB/ton. The supply side was normal, the operating rate was stable, the purchasing atmosphere was general, the downstream purchased just on demand, and the shipment volume was acceptable. The latest price of the enterprise: 7,100 RMB/ton for Shanghai Ronghe Chemical Co., Ltd., 6,900 RMB/ton for Liaocheng Yuanze Trade Co., Ltd., 9,200 RMB/ton for Liaocheng Fengshun Chemical Products Co., Ltd., and 7,850 RMB/ton for Shandong Longshun Chemical Co., Ltd.
Chemical index: The chemical index was 915 points on February 22, up 1 point from the previous day, down 34.64% from the highest point of 1,400 points in the cycle (2021-10-23), and up 53.01% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).
Market outlook
Cyclohexane analysts of SunSirs believe that the trend of cyclohexane market will be stable in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
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- 2024-03-01 SunSirs: The Market Price of Cyclohexane Was Stronger with a Narrow Range (February 22-29)
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- 2024-02-04 SunSirs: In January, the Cyclohexane Market Operated Narrowly Weaker
