Price trend
According to data monitored by SunSirs, as of April 22, the average price of industrial grade premium cyclohexane in China was 7,433.33 RMB/ton. This week, the price of cyclohexane had remained stable, with no significant changes compared to the same period last week. As of April 22, he support for raw material cost prices was insufficient, and there ewre not enough favorable factors. The cyclohexane market is mainly stable in the short term.
Analysis review
This week, the market price of cyclohexane remained stable, with the mainstream price temporariy around 7,400 RMB/ton. The support for raw material costs was insufficient, and the support for cyclohexane market costs was weak. The downstream negotiation atmosphere was cold, and the trading atmosphere was cold. temporaritly, there were not many inquiries on the market, mainly small orders, and the cyclohexane market was slowly consuming inventory. Latest quotations from enterprises: Wuhan Jixin Yibang Biotechnology Co., Ltd. offerda price of 7,500 RMB/ton, Jiangsu Renen Environmental Protection Technology Co., Ltd. offered a price of 7,100 RMB/ton, Jinan Aochen Chemical Co., Ltd. offered a price of 7,600 RMB/ton, and Nantong Runfeng Petrochemical Co., Ltd. offersda price of 6,050 RMB/ton.
Market outlook
SunSirs's cyclohexane analyst believes that in the short term, the cyclohexane market is mainly stable, with weak cost support and unclear upward momentum. The mainstream price is around 7,400 RMB/ton.
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