According to the Commodity Market Analysis System of Shengyi Society, on January 22, 2025, the reference ex factory price of cyclohexanone in Shandong Province, China was 6550 yuan/ton. Compared with January 13, the price increased by 250 yuan/ton, an increase of 3.97%; Compared with January 1st (cyclohexanone price reference 6387 yuan/ton), the price has increased by 163 yuan/ton, an increase of 3.15%.
In late January, the cyclohexanone market in Shandong steadily rose and operated
From the commodity market analysis system of Shengyi Society, it can be seen that in late January, the cyclohexanone market in Shandong Province saw a steady upward trend. The focus of cyclohexanone negotiations was continuously raised, with a cumulative increase of 200-300 yuan/ton in price, which remained stable after reaching the high point of the month. On January 22nd, the market price reference for cyclohexanone in Shandong was around 6550-6600 yuan/ton.
Analysis of Core Influencing Factors
In terms of cost: In late January, the pure benzene market for cyclohexanone raw materials continued to rise, gradually increasing the cost support for cyclohexanone. Driven by cost, cyclohexanone prices have been approaching high levels one after another.
In terms of demand: Recently, downstream demand for cyclohexanone has mostly been based on on-demand procurement, and the demand side has shown relatively stable performance. As the Spring Festival approaches, the overall market support from the downstream demand side is expected to improve.
Supply side: The supply side of cyclohexanone has tightened narrowly, and some cyclohexanone units in Shandong have entered the maintenance cycle. The pressure on spot supply is not high, and the supply side has given the market some upward momentum.
Market analysis in the future
At present, the overall trading atmosphere in the cyclohexanone market in Shandong is mild, and it is expected that there will be a certain demand for replenishment before the holiday. Coupled with cost support, the cyclohexanone data analyst of Shengyi Society predicts that the cyclohexanone price will remain fluctuating in the range of 6500-6600 yuan/ton in the short term, and the possibility of significant fluctuations is relatively small. More attention needs to be paid to changes in supply and demand news.
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