Price trend

According to data monitored by SunSirs, as of January 17th, the average price of domestic industrial grade high-quality cyclohexane was 7,766.67 RMB/ton. This week, the market price of cyclohexane remained stable, with no significant changes compared to the same period last week. As of January 17th, the mainstream market price remained at around 7,800 RMB/ton.

Analysis review

In terms of cost: Recently, the price of benzene has been consistently stronger, with a month on month increase in operating rates and high capacity utilization. This week, the arrival of benzene at the port was low, supported by downstream demand. The transaction atmosphere in the East China market was active, and delivery was smooth. It is expected to maintain the trend in the short term.

Market outlook

The cyclohexane analyst from SunSirs believes that there was some support from the upstream cost side, and downstream procurement was running on demand. It is expected that the cyclohexane market will remain stable and stronger in the short term.

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