Price trend

According to data monitored by SunSirs, as of June 9th, the average price of domestic industrial grade premium cyclohexane was 6,866.67 RMB/ton, an increase of 0.49% compared to the same period last week and a decrease of 6.36% compared to the same period last month. As of June 9th, the overall cyclohexane market was mainly stable and stronger, and the price fluctuation range was not large.

Analysis review

The fluctuation range of cyclohexane market prices this week was limited, with mainstream prices around 6,800 RMB/ton. Compared to the same period last week, prices were stronger in a narrow range. The quotation range of mainstream manufacturers remained around 6,800 RMB/ton, and the operating rate was stable. Downstream procurement was mainly on demand, and the negotiation atmosphere was flat. The latest prices of enterprises: Shandong Lifuda Fine Chemical Co., Ltd. 6,650 RMB/ton, and Yangzhou Lihong Daily Chemical Technology Co., Ltd. 6,600 RMB/ton, Liaocheng Yuze Chemical Products Co., Ltd. 6,600 RMB/ton, and Shandong Dongfang Chemical Technology Co., Ltd. 6,600 RMB/ton.

Chemical Index: On June 8th, the chemical index stood at 826 points, a decrease of 3 points from the previous day, a decrease of 41.00% from the highest point in the cycle of 1,400 points (2021-10-23), and an increase of 38.13% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

Cyclohexane analysts from SunSirs believe that in the short term, the cyclohexane market is operating steadily with a stronger trend.

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