According to the monitoring data of SunSirs, from March 4 to 11, the average market price of cyclohexanone in China rose from 11200 RMB/ton to 11666 RMB/ton, an increase of 4.17% during the week, and the price fell by 6.91% month on month and 14.38% year-on-year.

his week, domestic cyclohexanone continued to rise, and crude oil rose at a high level. Sinopec's pure benzene was listed for three times, raising 700 RMB/ton to 8900 RMB/ton. The pressure on the cost side continued to increase, and the downstream chemical fiber and solvent just needed to follow up. Although the supply and demand of cyclohexanone is weak, under the pressure of cost, cyclohexanone is reluctant to sell at a low price, and the transaction focus keeps rising.

Domestic cyclohexanone Price as of March 14:

Raw material pure benzene: East China pure benzene rises first and then falls, and the price fluctuates widely between 8350-8950 RMB/ton. The sharp rise and fall of crude oil has become the main factor leading the price change of pure benzene.

Downstream caprolactam: the caprolactam market rose sharply. In the near future, the market is still strongly supported by the cost side. The price of crude oil has soared to the range of 125-130 US dollars, the price of pure benzene has risen to 8900 RMB/ton, and the cost of caprolactam continues to rise. In addition, the supply of caprolactam has decreased recently. Enterprises mainly increase the price and reduce losses, and the price of caprolactam has kept rising.

The supply and demand of cyclohexanone is weak, but if crude oil and pure benzene continue to rise, there is still room for rise under the pressure of cyclohexanone cost. The cyclohexanone analysts of the business agency expect the short-term cyclohexanone market to fluctuate at a high level.

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