SunSirs: The Cyclohexane Market Was Stronger in February
March 01 2023 10:30:49 SunSirs (John)
Price trend
According to the data monitored by the SunSirs, as of February 28, the average price of domestic industrial grade and superior cyclohexane was 7,233.33 RMB/ton, with an overall increase of 2.36% in February, which was slightly stronger and operated in a narrow range, down 0.91% from the same period last week.
Analysis review
The average price of cyclohexane, a domestic industrial top-grade product, was 7,233.33 RMB/ton, and the range of quotations from mainstream manufacturers was about 7,000 RMB/ton. The operating rate was stable. The downstream purchased just in needed and the negotiation atmosphere was fair. The recent price bullish atmosphere was obvious. The latest prices of enterprises were: Shandong Lincheng Chemical Products Co., Ltd. 7,000 RMB/ton, Shandong Oriental Chemical Technology Co., Ltd. 7,000 RMB/ton, Liaocheng Yuanze Trade Co., Ltd. 7000 RMB/ton, Liaocheng Yuanze Chemical Products Co., Ltd. 6,900 RMB/ton.
Chemical index: The chemical index was 917 points on February 27, up 2 points from the previous day, down 34.50% from the highest point of 1,400 points in the cycle (2021-10-23), and up 53.34% 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 cyclohexane market will maintain its early trend in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-24 SunSirs: The Cyclohexane Market Price Was Operating Stably (April 15-22)
- 2024-03-19 SunSirs: The Market Price of Cyclohexane Was Mainly Based on Stable Operation (March 8-15)
- 2024-03-11 SunSirs: The Cyclohexane Market Prices Was Mainly Stable (March 1-8)
- 2024-03-01 SunSirs: The Market Price of Cyclohexane Was Stronger with a Narrow Range (February 22-29)
- 2024-02-26 SunSirs: The Market Price of Cyclohexane Was Stronger in a Narrow Range (February 16-23)
