SunSirs: The Cyclohexane Market Was Mainly Qperating Smoothly (June 13-20)
June 21 2023 09:38:56 SunSirs (John)
Price trend
According to data monitored by SunSirs, as of June 20th, the average price of domestic industrial grade premium cyclohexane was 6,600 RMB/ton, which was stable compared to the same period last week. The overall market supply and demand were balanced, and the price fluctuation range was not large.
Analysis review
The fluctuation range of cyclohexane market prices this week was limited, with mainstream prices around 6,600 RMB/ton. Compared to the same period last week, prices remained stable, with mainstream manufacturers maintaining a quotation range of around 6,600 RMB/ton. The operating rate was stable, and downstream procurement was mainly based on on-demand. The negotiation atmosphere was flat. The latest prices for enterprises: Zhongyin New Materials (Shandong) Co., Ltd. quoted 6,500 RMB/ton, Shandong Zhenkun New Materials Co., Ltd. quoted 6,400 RMB/ton, Shandong Hongyang Chemical Co., Ltd. quoted 6,600 RMB/ton, and Jiangsu Renen Environmental Protection Technology Co., Ltd. quoted 7,200 RMB/ton.
Chemical index: On June 19, the chemical index was 811 points, a decrease of 1 point from the previous day, a decrease of 42.07% from the highest point of 1,400 points in the cycle (2021-10-23), and an increase of 35.62% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).
Market outlook
Cyclohexane analysts from SunSirs believe that the cyclohexane market will mainly 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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- 2024-03-11 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)
