SunSirs: The Price of Cyclohexane Remained Stable This Week (January 15-22)

Price trend

According to data monitored by SunSirs, as of January 22, the average price of industrial grade high-quality cyclohexane in China was 7,766.67 RMB/ton. As the Spring Festival approaching, companies were gradually taking a break. This week, the market price of cyclohexane remained stable, and the mainstream market price was temporarily around 7,800 RMB/ton.

Analysis review

In terms of cost: Recently, the price of benzene has been consistently strong, with some support on the cost side. The operating rate has increased month on month, and the capacity utilization rate was high. This week, the arrival of benzene at the port was low, and downstream demand supported. The transaction atmosphere in the East China market was active, and delivery was smooth. It is expected to maintain the current trend in the short term.

Market outlook

The cyclohexane analyst from SunSirs believes that there was some support on the upstream cost side, and downstream procurement was mainly on demand. It is expected that the cyclohexane market will remain stable and stronger in the short term.

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