Price trend
According to data monitored by SunSirs, as of March 20th, the average price of industrial grade high-quality cyclohexane in China was 7,600 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 March 20th, the mainstream market price remained at around 7,700 RMB/ton.
Analysis review
In terms of cost, the upstream cost side lacked support for cyclohexane, and downstream demand was insufficient. As of March 20th, the overall market shipment was slow, and the upstream benzene market was mainly stable. In the short term, the benzene market was operating in a range of consolidation.
Market outlook
The cyclohexane analyst from SunSirs believes that the upstream cost support was poor and downstream demand was insufficient. It is expected that the cyclohexane market will remain stable in the short term.
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