SunSirs: The Cyclohexane Market Was Mainly Stable (September 13-20)
September 21 2023 13:17:36 SunSirs (John)
Price trend
According to data monitored by SunSirs, as of September 20th, the average price of domestic industrial grade premium cyclohexane was 7,033.33 RMB/ton, which was stable compared to the same period last week. The overall market supply and demand were balanced, and shipments were slow.
Analysis review
This week, the market price of cyclohexane was operating stronger in a narrow range, with the mainstream price around 7,033.33 RMB/ton. Compared to the same period last week, the price remained stable. Mainstream manufacturers maintained a quotation range of around 7,000 RMB/ton and the operating rate was stable. Downstream procurement was mainly on demand, and the negotiation atmosphere was flat. The latest price of the enterprise: Zhongyin New Materials (Shandong) Co., Ltd. quoted 7,350 RMB/ton, Shandong Hongyang Chemical Co., Ltd. quoted 6,500 RMB/ton, Jiangsu Runfeng Synthetic Technology Co., Ltd. quoted 6,900 RMB/ton, and Jiangsu Pulesi Biotechnology Co., Ltd. quoted 7,200 RMB/ton.
Chemical Index: On September 18th, the chemical index stood at 969 points, an increase of 2 points compared to the previous day, a decrease of 30.79% from the cycle's highest point of 1,400 points (2021-10-23), and an increase of 62.04% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present)
Market outlook
Cyclohexane analysts from SunSirs believe that in the short term, the cyclohexane market is mainly stable, with a narrow range leaning towards stronger operation.
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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