Price trend

According to the data monitored by the SunSirs, as of February 28, the average price of domestic industrial grade and superior cyclohexane was 7,233.33 RMB/ton, with an overall increase of 2.36% in February, which was slightly stronger and operated in a narrow range, down 0.91% from the same period last week.

Analysis review

The average price of cyclohexane, a domestic industrial top-grade product, was 7,233.33 RMB/ton, and the range of quotations from mainstream manufacturers was about 7,000 RMB/ton. The operating rate was stable. The downstream purchased just in needed and the negotiation atmosphere was fair. The recent price bullish atmosphere was obvious. The latest prices of enterprises were: Shandong Lincheng Chemical Products Co., Ltd. 7,000 RMB/ton, Shandong Oriental Chemical Technology Co., Ltd. 7,000 RMB/ton, Liaocheng Yuanze Trade Co., Ltd. 7000 RMB/ton, Liaocheng Yuanze Chemical Products Co., Ltd. 6,900 RMB/ton.

Chemical index: The chemical index was 917 points on February 27, up 2 points from the previous day, down 34.50% from the highest point of 1,400 points in the cycle (2021-10-23), and up 53.34% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Market outlook

Cyclohexane analysts of SunSirs believe that the cyclohexane market will maintain its early trend in the short term.

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