According to the Commodity Market Analysis System of Shengyi Society, on August 27th, the ex factory price of cyclohexanone in Shandong Province, China was referenced at 7087 yuan/ton. Compared with August 1st (cyclohexanone price reference 7262 yuan/ton), the price decreased by 175 yuan/ton, a decrease of 2.41%.
From the Commodity Market Analysis System of Shengyi Society, it can be seen that in August, the overall market situation of cyclohexanone in Shandong Province, China, showed a weak downward trend. During the month, the center of gravity of the cyclohexanone market in Shandong has been consolidating and moving downwards, and the focus of market negotiations has gradually decreased. As of August 27th, the reference market price for cyclohexanone in Shandong, China is around 7050-7150 yuan/ton.
Market influencing factors
In terms of supply and demand: In August, there was little overall change in the spot supply of cyclohexanone in Shandong, and the supply performance was relatively stable. The downstream demand performance was poor, and the downstream stocking and purchasing performance was cautious. The transmission between supply and demand was slow, and the overall support for the cyclohexanone market was weak.
In terms of cost: In August, the market for pure benzene on the cost raw material side fluctuated and adjusted, providing sufficient cost support for cyclohexanone. On August 26th, the reference price for pure benzene was 6155.33 yuan/ton, an increase of 1.32% compared to August 1st (6075.33 yuan/ton).
Market analysis in the future
At present, the trading atmosphere in the cyclohexanone market is mild, and the mentality of industry players is average. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market will mainly undergo narrow adjustments, and specific changes in supply and demand information need to be closely monitored.
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