Price trend

According to data monitored by SunSirs, as of August 9th, the average price of industrial grade high-quality cyclohexane in China this week was 7,966.67 RMB/ton, with cyclohexane prices remaining stable. As of August 9th, downstream demand was average, and cyclohexane market inventory was running at a high level, resulting in slow shipments. Downstream purchases were mainly for essential needs, and businesses were adopting a cautious and wait-and-see attitude.

Analysis review

In terms of cost: In terms of upstream benzene, the benzene market was weak at first and then strong in August, and the supply of benzene was in a recovery state. As of August 9th, the demand for essential goods was relatively stable. With the peak season in late August and the need for stocking during the National Day holiday, market prices will also show a stronger trend.

Market outlook

The cyclohexane analyst from SunSirs believes that the short-term cyclohexane market price is expected to remain stable with a weaker trend. As of August 9th, the upstream cost support was average, and downstream demand was weak. The mainstream price range for cyclohexane was 8,000 RMB/ton.

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