SunSirs:Cyclohexanone Market Promotion
September 11 2019 10:17:24 SunSirs (John)1.the price trend
According to SunSirs monitoring data, as of September 10, the latest domestic price of cyclohexanone was 8283 RMB/ton, rising by 2.09% month-on-month and falling by 33.73% year-on-year. Domestic market of cyclohexanone is mainly pushed up.
2.Market analysis
Products: The domestic market for cyclohexanone has been pushed up, and the prices of mainstream factories have increased slightly. Traders have followed the trend, and the stocking intention of downstream before the festival is not high. Considering the current cost support, we will continue to pay attention to domestic equipment and downstream procurement. It is expected that the domestic cyclohexanone market will operate in a range in the short-term.
Industry Chain:
Pure benzene: The market of pure benzene in East China is stronger. Spot price went up to 5700-5800 RMB/ton, egotiated at 5720-5800 RMB/ton in September, negotiated 5670-5780 RMB/ton in October. High external market and tight spot market support high prices.
Caprolactam: The domestic liquid caprolactam spot market has risen slightly, the cost support is still acceptable, some manufacturers have reduced their prices, and the demand follow-up situation is general, which has a slight restriction on the market. The main liquid spot price in East China market is 12300-12400 RMB/ton, which is delivered by acceptance; part of Shandong's price is 11900 RMB/ton, which is remitted to the factory.
3.Market outlook
Cyclohexanone analysts of SunSirs expect that the cyclohexanone market will be stronger in short tem.
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