Price trend

According to data monitored by SunSirs, as of June 28th, the average price of domestic industrial grade premium cyclohexane was 6,600 RMB/ton, which was stable compared to the same period last week. The overall market supply and demand were balanced, 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 6,600 RMB/ton. Compared to the same period last week, prices remained stable, with mainstream manufacturers maintaining a quotation range of around 6,600 RMB/ton. The operating rate was stable, and downstream demand procurement was mainly based on demand. The negotiation atmosphere was flat. The latest prices of enterprises: Zhongyin New Materials (Shandong) Co., Ltd. quoted 6,500 RMB/ton, Shandong Zhenkun New Materials Co., Ltd. quoted 6,400 RMB/ton, Shandong Hongyang Chemical Co., Ltd. quoted 6,600 RMB/ton, and Jiangsu Renen Environmental Protection Technology Co., Ltd. quoted 7,200 RMB/ton.

Chemical Index: On June 27th, the chemical index stood at 803 points, a decrease of 1 point from the previous day, a decrease of 42.64% from the cycle's highest point of 1,400 points (2021-10-23), and an increase of 34.28% 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 cyclohexane market will mainly be stable in the short term.

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