Price trend
According to data monitored by SunSirs , as of February 28th, the average price of industrial grade high-quality cyclohexane in China was 7,766.67 RMB/ton. The cyclohexane market was mainly balanced in supply and demand, with insufficient downstream demand and a narrow and weak overall market operation. As of February 28th, the mainstream market price remained around 7800 RMB/ton.
Analysis review
In terms of cost: As of February 28th, the overall market was running steadily, with insufficient support from the upstream cost side and excessive inventory pressure. As of February 28th, there was a boost in some equipment news in the benzene market, and the benzene market will consolidate at a range in the short term in East China.
Market outlook
The cyclohexane analyst from SunSirs believes that cost support was poor. It is expected that the cyclohexane market will remain stable in the short term.
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