Price trend

According to the data monitored by SunSirs, as of November 16, the average price of domestic industrial grade premium cyclohexane was 7,800.00 RMB/ton, down 2.5% compared with the same period last week. The price of cyclohexane tended to be stable and strong. In the short term, the price has an upward trend. The overall market operation rate was stable, the willingness to purchase downstream is general, and the purchase intention of the downstream was average, and the purchase mainly just based on demand.

Analysis review

The average price of domestic industrial grade cyclohexane was 7,800.00 RMB/ton. On the 16th, the quotation range of mainstream manufacturers remained around 8,000 RMB/ton. The overall market of cyclohexane was stable, and the price had an upward trend. The purchasing atmosphere was fair, the supply side was normal, and the operating rate was stable. The latest prices of corporate cyclohexane: 7,200 RMB/ton for Jinan Hengtong Chemical Co., Ltd., 7,200 RMB/ton for Shandong Lincheng Chemical Products Co., Ltd., 7,200 RMB/ton for Jinan Jutai Chemical Co., Ltd., and 7,,300 RMB/ton for Shandong Yushu Chemical Co., Ltd.

Chemical index: On November 15, the chemical index was 940 points, down 3 points from the previooooooudday, down 32.86% from the cycle's highest point of 1400 points (2021-10-23), and up 57.19% 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 has an upward trend in the short term, and the mainstream price is around 8000 yuan.

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