Price trend
According to data monitored by SunSirs, as of March 28th, the average price of domestic industrial grade high-quality cyclohexane was 7,600 RMB/ton. The cyclohexane market remained stable in March, with stable prices being the main factor. As of March 28th, the market transaction price remained at around 7,500 RMB/ton. The supply of cyclohexane in the market was sufficient, and downstream consumption was slow, resulting in a strong wait-and-see atmosphere in the overall market.
Analysis review
Downstream: The downstream caprolactam market was operating steadily, with limited price fluctuations and a slight shortage in supply. As of March 28th, the overall operating rate was relatively stable, inventory consumption was normal without pressure, and cost support still existed. Overall, the caprolactam market supply side remained tight, and it is expected to maintain the current trend in the short term.
Market outlook
The cyclohexane analyst from SunSirs believes that the upstream price of cyclohexane temporarily had moderate support, and the overall market is operating steadily.
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