Price trend

According to the data monitored by SunSirs, as of November 10, the average price of domestic industrial grade cyclohexane was 7,833.33 RMB/ton, 4.08% higher than that of the same period last week, and the price fell slightly. The price of cyclohexane was stable but weak, the overall market operation rate was normal, the supply side was mainly stable, the logistics shipment was smooth, the transaction atmosphere was general, and the overall market negotiation atmosphere was general.

Analysis review

The average price of domestic industrial grade premium cyclohexane was 7,833.33 RMB/ton, and the quotation range of mainstream manufacturers was maintained at about 8,000 RMB/ton. The overall market of cyclohexane was stable, the willingness to stock up of downstream was general, the purchasing atmosphere was cold, the supply side was normal, the operating rate was stable, the merchants gave up profits to deliver orders. The latest prices of enterprise cyclohexane: 7,200 RMB/ton for Jinan Hengtong Chemical Co., Ltd., 8,200 RMB/ton for Jiangsu Leien Environmental Protection Technology Co., Ltd., 7,600 RMB/ton for Shanghai Ronghe Chemical Co., Ltd., and 8,250 RMB/ton for Jiangsu Runfeng Synthetic Technology Co., Ltd.

Chemical index: On November 9, the chemical index was 943 points, down 2 points from the previous day, down 32.64% from the cycle's highest point of 1,400 points (2021-10-23), and up 57.69% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

Market outlook

Cyclohexane analysts from SunSirs believe that the cyclohexane market will remain stable and strong in the short term.

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