Price trend
According to data monitored by SunSirs, as of January 14th, the average price of industrial grade high-quality cyclohexane in China was 7,766.67 RMB/ton. Recently, the cyclohexane market has been operating steadily, with no significant price fluctuations. As of January 14th, the mainstream market price remained at 7,800 RMB/ton.
Analysis review
In terms of cost: The enthusiasm for upstream benzene procurement was not high, and prices were under pressure to decline. In the short term, the rise in the benzene market was not significant, and there was temporarily a situation of buying stocks at low prices. It is expected to maintain the current trend in the short term.
Market outlook
The cyclohexane analyst from SunSirs believes that there was insufficient upstream price support and weak downstream demand, and it is expected to maintain the current trend in the short term.
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