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SunSirs: The Cyclohexane Market Was Mainly Running Smoothly (September 15-22)

September 23 2022 08:43:40     SunSirs (John)

Price trend

According to the data monitored by SunSirs, as of September 22, the average price of domestic industrial-grade high-quality cyclohexane was 7,400.00 RMB/ton, an increase of 0.91% compared with the same period last week. The price fluctuated little, and the price of cyclohexane ran smoothly. At present, the operating rate is normal, the supply side is stable, the logistics and shipments are smooth, the transaction atmosphere is general, and the overall market negotiation atmosphere is stable.

Analysis review

The average price of domestic industrial-grade high-quality cyclohexane was 7,400 RMB/ton. On the 22nd, the quotation range of mainstream manufacturers remained around 7,500-8,000 RMB/ton. The overall market supply and demand of cyclohexane was balanced, the downstream stocking willingness was average, the supply side was normal, and the merchants made profits-cutting for sales. The latest cyclohexane price of the enterprise: the price of cyclohexane of Shandong Lincheng Chemical Products Co., Ltd. was 8,000 RMB/ton, the price of cyclohexane of Jinan Jutai Chemical Co., Ltd. was 7,300 RMB/ton, the price of cyclohexane of Jinan Mingyu Chemical Co., Ltd. was 7,300 RMB/ton, the price of cyclohexane of Shandong Wangtong Chemical Co., Ltd. was 7,400 RMB/ton, and the price of cyclohexane of Jiangsu Runfeng Synthetic Technology Co., Ltd. was 8,400 RMB/ton, mainly for contract customers.

Upstream pure benzene: As of September 16, the price of pure benzene was 7,750-7,950 RMB/ton (average price 7,817 RMB/ton). The price of aniline in Shandong was 11,600-11,800 RMB/ton; the price of aniline in Nanjing was 12,000-12,300 RMB/ton, an increase of 8.8% over the same period last year.

Chemical Index: On September 21, the chemical index was 973 points, an increase of 2 points from the previous day, a decrease of 30.50% from the highest point in the cycle of 1,400 points (2021-10-23), and an increase of 62.71% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 to the present).

Market outlook

The cyclohexane analyst of SunSirs believes that the cyclohexane market is mainly running smoothly, and the price range is maintained at 7,500-8,000 RMB/ton.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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