Price trend

According to data monitored by SunSirs, as of March 17, the average price of domestic industrial grade premium cyclohexane was 7,366.67 RMB/ton. This week, the price trend of cyclohexane increased slightly, with a price increase of 0.45% compared to the same period last week. The overall market supply and demand were balanced, and the focus of negotiations was stable.

Analysis review

This week, the average price of domestic industrial grade premium cyclohexane was 7,366.67 RMB/ton. As of March 17, the quotation range of mainstream manufacturers remained around 7,300 RMB/ton. The supply side was normal, the operating rate was stable, and the procurement atmosphere was general. Downstream procurement was mainly just in needed, and the shipment volume was acceptable. The latest cyclohexane price of the enterprise: Jinan Hengtong Chemical Co., Ltd. 7,400 RMB/ton, Shandong Yushuo Chemical Co., Ltd. 7,400 RMB/ton, Jinan Aochen Chemical Co., Ltd. 7,600 RMB/ton, Jiangsu Pulesi Biotechnology Co., Ltd. 7,400 RMB/ton.

Chemical index: On March 16, the chemical index stood at 920 points, unchanged from the previous day, down 34.29% from the cycle's highest point of 1,400 points (2021-10-23), and up 53.85% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 to now).

Market outlook

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

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