Cost supported cyclohexanone market welcomes recovery

According to the Commodity Market Analysis System of Shengyi Society, on November 22nd, the domestic cyclohexanone market price reference was 8525 yuan/ton. On November 17th, the domestic cyclohexanone market price reference was 8400 yuan/ton, with a price increase of 125 yuan/ton, an increase of 1.49%.

 

Thiourea

From the commodity market analysis system of Shengyi Society, it can be seen that this week (11.17-11.22), the domestic cyclohexanone market has experienced a slight recovery. At the beginning of the week, the cyclohexanone market was in a state of consolidation and operation, with little fluctuation in the market. As the weekend approaches, the focus of negotiations in the cyclohexanone market has begun a slight upward adjustment. Cyclohexanone factories and suppliers in Shandong, East China, and Inner Mongolia have raised the shipment price of cyclohexanone by about 100 yuan/ton. As of November 22, the reference market price for cyclohexanone in Shandong region is around 8550-8700 yuan/ton, in East China region it is around 8800-8900 yuan/ton, and in South China region it is around 8900 yuan/ton.

 

In terms of supply cost: Recently, the market situation for pure benzene, the raw material for cyclohexanone, has shown an upward trend. The cost side has gradually strengthened the support for cyclohexanone, and the cyclohexanone market has risen along with the trend.

 

In terms of supply and demand: Currently, the supply side of cyclohexanone remains stable, and downstream users of cyclohexanone mainly continue to purchase on demand, with little overall change in the demand side.

 

Market analysis in the future

 

At present, the trading atmosphere in the cyclohexanone market is quiet and mild, and the mentality of the industry is normal. The transmission between supply and demand is still acceptable. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market will mainly adjust its range slightly, and specific changes in supply and demand information need to be closely monitored.

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