SunSirs: Cyclohexane Market Was Mainly Stable in March
April 03 2023 09:32:51 SunSirs (John)
Price trend
According to the data monitored by SunSirs, as of March 31, the average price of domestic industrial grade premium cyclohexane was 7,266.67 RMB/ton, with an overall increase of 0.46% in March. Compared to the same period last week, the price fell by 1.8%. Cyclohexane mainly operated stably, with a small price fluctuation range.
Analysis review
In March, the price fluctuation range of cyclohexane in the market was not large, with an overall monthly increase of 0.46%, showing a stable and stronger trend. The price declined slightly compared to the same period last week, with a narrow and weaker trend recently. On the 31st, the average price of domestic industrial grade premium cyclohexane was 7,233.33 RMB/ton, and the range of quotations from mainstream manufacturers remained around 7,000 RMB/ton. The operating rate was stable, and downstream procurement was primarily in needed, with a flat negotiation atmosphere. The latest cyclohexane price of the enterprise: Liaocheng Jinrui New Material Co., Ltd. 7,200 RMB/ton, Shandong Mantanghong New Material Co., Ltd. 7,400 RMB/ton, Jinan Chuangshi Chemical Co., Ltd. 7,500 RMB/ton, Shandong Yixin Chemical Co., Ltd. 7,100 RMB/ton.
Chemical index: On March 30, the chemical index stood at 912 points, down 2 points from the previous day, down 34.86% from the cycle's highest point of 1,400 points (2021-10-23), and up 52.51% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 to now).
Market outlook
Cyclohexane analysts from SunSirs believe that in the short term, the cyclohexane market will be stable and stronger.
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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