Price trend
According to the Commodity Market Analysis System of ,, on January 9th, the domestic cyclohexanone market price reference was 8575 RMB/ton. Compared with the reference price of 8,700 RMB/ton on January 5th before the holiday, the price decreased by 125 RMB/ton, a decrease of 1.44%.
Analysis review
From the commodity market analysis system of SunSirs, it can be seen that this week (1.5-1.9), the domestic cyclohexanone market showed a weak downward trend, and the focus of cyclohexanone market negotiations shifted narrowly downwards. On January 9th, the market price of cyclohexanone in Shandong, China was around 8,550-8,700 RMB/ton, with a price reduction of 50-150 RMB/ton during the week.
In terms of supply and demand: As of January 9th, the spot supply of cyclohexanone was relatively stable, and the pressure on the supply side was still controllable. The downstream solvent and chemical fiber markets were mainly purchased on demand.
In terms of cost: This week, the benzene market on the cost side fluctuated at a relatively high level, providing stable cost support for cyclohexanone.
Market outlook
As of January 9th, the trading atmosphere in the cyclohexanone market was cautious, and there was a certain wait-and-see sentiment in the market. The mentality of industry players was not good, and the transmission performance between supply and demand was average. The cyclohexanone data analyst from SunSirs believes that in the short term, the domestic cyclohexanone market will mainly be consolidated to be weaker, and specific changes in supply and demand information need to be closely monitored.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.