SunSirs: Downstream Demand Was Weak, and the Driving Force for Cyclohexane Price Increase Was Insufficient
February 20 2025 09:16:52 SunSirs (John)
Price trend
According to data monitored by SunSirs, as of February 18th, the average price of domestic industrial grade high-quality cyclohexane was 7,766.67 RMB/ton, and the cyclohexane price remained stable. As of February 18th, the mainstream market price remained at around 7,800 RMB/ton.
Analysis review
In terms of cost, there was insufficient support from the upstream cost side and excessive inventory pressure. As of February 18th, there was a boost in some equipment news in the benzene market, and the benzene will be consolidated in a range in East China in the short term.
Market outlook
The cyclohexane analyst from SunSirs believes that due to downstream demand procurement and insufficient cost support, it is expected that the cyclohexane market will remain stable in the short term.
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