According to the Commodity Market Analysis System of Shengyi Society, on June 12th, the reference price of cyclohexanone in the domestic Shandong region was 7300 yuan/ton. Compared with June 1st, the price was basically the same, but decreased by 4.42% compared with May 1st (cyclohexanone price reference).
From the Commodity Market Analysis System of Shengyi Society, it can be seen that this week, the domestic cyclohexanone market in Shandong Province has been mainly consolidating and operating, with little fluctuation in the cyclohexanone market. The market news is relatively calm, and the transmission of cyclohexanone supply and demand is stable. As of June 12th, the cyclohexanone market price in Shandong Province is around 7250-7350 yuan/ton.
Fundamental situation
In terms of supply and production: Currently, the production rate of cyclohexanone in the market is around 68%, and there is not much overall adjustment in production. Currently, the trend of cyclohexanone integration in China is more obvious, with more supporting facilities for production, and the overall supply of cyclohexanone is relatively abundant.
On the demand side: Currently, downstream users of cyclohexanone purchase on demand, and the downstream inquiry atmosphere is still acceptable. The demand side performance is also relatively stable.
In terms of cost: Currently, the market for pure benzene, a cost end product of cyclohexanone, is fluctuating and rising, providing stable cost support for cyclohexanone. As of June 11th, the reference price of pure benzene was 5955.33 yuan/ton, an increase of 3.84% compared to June 1st (5735.33 yuan/ton).
Market analysis in the future
At present, the atmosphere of inquiries in the cyclohexanone market is quiet and mild, and downstream markets are mainly in urgent need of goods. The cost side provides good support for the market. The cyclohexanone data analyst from Shengyi Society predicts that the short-term cyclohexanone market will mainly operate steadily with small to medium growth, and specific changes in supply and demand information need to be closely monitored.
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