This week, the domestic cyclohexanone market fluctuated and declined, mainly due to the supply and demand relationship. The price of raw material pure benzene was lowered, and the cost support was average. The supply of commodities is stable and abundant, but the downstream demand is weak, the market shipping resistance is large, and the transaction center is falling.

According to the monitoring data of the business community, from November 28 to December 5, the average price of domestic cyclohexanone market fell from 9466 yuan/ton to 9300 yuan/ton, a drop of 1.76%, and the price fell 3.93% month on month and 4.45% year on year.

Summary of domestic cyclohexanone market as of December 5:

Region./Price

East China./8800-9000 yuan/ton cash transfer to

South China./9000-92000 yuan/ton cash transfer to

Shandong region./8600-8700 yuan/ton spot exchange sent to

Raw material pure benzene: the domestic market price of pure benzene rebounded after falling. East China spot traded at 6300-6630 yuan/ton, and Shandong market traded at 6500-6800 yuan/ton.

Downstream caprolactam: caprolactam market fell. The prices of upstream crude oil and pure benzene fell, and the listing of Sinopec pure benzene was lowered to 6500 yuan/ton, with the cost continuing to be weak. Although some supply on the supply side has decreased, with the decrease of terminal demand, downstream polymerization commencement has declined, the demand for caprolactam has weakened, the overall supply pattern is loose, and the price center has declined.

The cost side is surging, the cost side support is still stable, the supply of cyclohexanone commodity is slightly oversupply, and the market may weaken in a narrow range. The cyclohexanone analysts of the business community predicted that the short-term cyclohexanone market was weak.