SunSirs: Cyclohexanone Market Was Firm and Up
June 10 2022 10:14:03 SunSirs (John)Price trend
According to the monitoring data of SunSirs, from June 2 to 9, the average price of cyclohexanone in the domestic market rose from 11,610 RMB/ton to 11,950 RMB/ton, an increase of 2.93% within the week, a month-on-month increase of 2.14%, and a year-on-year increase of 12.10%.
Analysis review
This week, the domestic cyclohexanone market was firm and upward. The price of raw material pure benzene continued to rise, and under the strong support of costs, the cyclohexanone market rose significantly.
Raw material pure benzene: The price of pure benzene in East China rose, and the main factors supporting the price rise were the rise in external markets, the decline in domestic port inventories, the restart of benzene consumption enterprises in downstream automobile transportation, and the rise in styrene.
Downstream CPL: The spot price of CPL was adjusted slightly. Although the upstream pure benzene price continued to rise, the downstream follow-up speed slowed down.
Market outlook
Pure benzene is running at a high level. Driven by cost, the market is mostly dominated by cost. Analysts of cyclohexanone in SunSirs predict that the cyclohexanone market will still run strongly in the short term.
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