Price trend

According to the Commodity Market Analysis System of SunSirs, on January 15th, the reference price of cyclohexanone in the domestic market in Shandong was 8,600 RMB/ton. Compared with January 10th, the reference price of cyclohexanone in the domestic market was 8,575 RMB/ton, an increase of 25 RMB/ton, or 0.29%.

Analysis review

From the commodity market analysis system of SunSirs, it can be seen that this week (1.10-1.15), the domestic cyclohexanone market has experienced a slight rebound, and the center of the cyclohexanone market has narrowly shifted upward. On January 15th, the ex factory price of cyclohexanone in Shandong region of China was around 8,600-8,650 RMB/ton, and the market price of cyclohexanone in East China region was around 8,950-9,100 RMB/ton.

In terms of cost: This week, the market for benzene on the raw material side has risen, and the cost side has provided stronger support for cyclohexanone. On January 14th, the reference price of benzene was 7,439.67 RMB/ton, an increase of 2.83% compared to January 1st (7,234.67 RMB/ton).

In terms of supply and demand: Currently, there was not much supply of cyclohexanone spot goods on the supply side, and the overall pressure on the supply side has been reduced. Downstream users continued to focus on essential purchases, and the transmission between supply and demand was still acceptable.

Market outlook

As of January 15th, the trading atmosphere in the cyclohexanone market was mild, with cost support running upwards. Downstream demand for replenishment was urgent, and with cost support, the cyclohexanone data analyst from SunSirs believes that in the short term, the domestic cyclohexanone market will mainly operate in a stable to stronger manner, and specific changes in supply and demand information need to be closely monitored.

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