Price trend

According to data monitored by SunSirs, as of April 13th, the average price of domestic industrial grade premium cyclohexane was 7,433.33 RMB/ton. The price trend of cyclohexane had slightly increased this week, with a price increase of 1.83% 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 7,433.33 RMB/ton. As of the 13th, 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 average. Downstream procurement was mainly on demand, and the shipment volume was acceptable. The latest price of cyclohexane for enterprises: 7,200 RMB/ton for Shanghai Minyu New Material Technology Co., Ltd., 7,500 RMB/ton for Jiangsu Renen Environmental Protection Technology Co., Ltd., 7,400 RMB/ton for Jiangsu Runfeng Synthetic Technology Co., Ltd., and 7,300 RMB/ton for Shanghai Ronghe Chemical Co., Ltd.

Chemical index: On April 12, the chemical index was 909 points, a decrease of 1 point from previous day, a decrease of 35.07% from the highest point of 1,400 points in the cycle (2021-10-23), and an increase of 52.01% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

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

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