Price trend

According to data monitored by SunSirs, as of January 10th, the average price of domestic industrial grade high-quality cyclohexane was 7,766.67 RMB/ton. This week, the cyclohexane market remained stable with no significant price changes. As of January 10th, the market transaction price remained at around 7,800 RMB/ton, and the overall market supply and demand balance was the main factor.

Analysis review

In terms of cost, the supply of upstream benzene has maintained a high level recently, and the procurement of essential needs has remained stable. The overall market was weak and stable, and the market mentality iwas not good. Market prices continued to be low, and it is expected to maintain weak operation in the short term. The positive support for cyclohexane cost was not obvious.

Market outlook

The cyclohexane analyst from SunSirs believes that there was insufficient driving force for cyclohexane price increase, poor demand, downstream on-demand procurement, and overall market inventory is higher.

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