Price trend

According to data monitored by SunSirs, as of April 26th, the average price of domestic industrial grade premium cyclohexane was 7,350.00 RMB/ton. This week, the price of cyclohexane was weaker in a narrow range, with a decrease of 0.9% 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 around 7400 RMB/ton. The overall market negotiation center was stable, and logistics was smooth. Downstream procurement was mainly just in needed, and the willingness to stock up was not strong. Manufacturers were willing to gave up profits to sell. The latest price of cyclohexane of enterprises: Jinan Jutai Chemical Co., Ltd. 7,350 RMB/ton, Weifang Yixin Chemical Co., Ltd. 7,300 RMB/ton, Shandong Xiawei International Trade Co., Ltd. 7,200 RMB/ton, Qingdao Hefeng Chemical Co., Ltd. 7,300 RMB/ton.

Chemical Index: On April 25th, the chemical index stood at 904 points, unchanged from the previous day, a decrease of 35.43% from the cycle's highest point of 1,400 points (2021-10-23), and an increase of 51.17% 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 is stable and stronger in the short term.

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