In May, the domestic market of cyclohexanone rose steadily. According to the monitoring data of the business agency, the average price of domestic producers of cyclohexanone at the beginning of the month was 5320 yuan / ton, and the average price of domestic producers of cyclohexanone at the end of the month was 5980 yuan / ton, up 12.41% in the month, down 30.74% compared with the same period last year.
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The market of cyclohexanone rose steadily. From the perspective of cost, the market of pure benzene fluctuated in a narrow range, forming a stable support on the cost side. From the supply side, the start-up of cyclohexanone off the shelf unit was on the low side in the month, Chongqing Huafeng was restarted in early May, Shandong Haili off the shelf unit was not exported from the end of April to the middle of May, the off shelf sales of Luxi Chemical decreased, the Bank of China cyclohexanone unit in Jining was restarted at the end of May, the price of phenol cyclohexanone was hung upside down, the phenol cyclohexanone plant was shut down for maintenance under the influence of cost factors, and the off the shelf inventory pressure of the plant in May was not large. In the downstream caprolactam market, the spot supply is tight and the profit is good, and the chemical fiber orders are continuous in the month, forming a good support for the demand of cyclohexanone. On the whole, the supply and demand side is good in the month, and the market presents a stable and rising situation.
In terms of raw materials, pure benzene: this month, the price of pure benzene in China is on the rise. In the month, due to the heavy inventory pressure in the East China market, the spot price rose first and then fell, but the price in the far month was driven by crude oil, the price rose and the transaction was active.
Caprolactam: the market of caprolactam rose rapidly in the first ten days of May, on the one hand, it was strongly supported by the cost end. On the other hand, it received the support of tight supply. After May 1st, the restart time of Tianchen Yaolong was slightly delayed, the restart time of orchid science and technology innovation was delayed, and Jiangsu Haili device failed to restart in May. In addition, the early short-term failure and load reduction concentration of Cangzhou Xuyang, Shenma, sanning, petrochemicals, Juhua, Yangmei, Shandong Haili and other units, while the polymerization plant started actively, leading to the tight supply of caprolactam in the early stage, and the seller actively increased.
Adipic acid: in May, the price trend of adipic acid continued the weak trend of last month. The price was weak and the market was calm. According to the data of business agency, the price of adipic acid turned red in May, but the monthly decline was only 0.61%. The dealers’ quotation was mainly up and down, mostly fluctuating in the range of 100-200 yuan / ton. As of May 29, the mainstream quotation of adipic acid in East China was generally 6500-6800 yuan / ton.
*** There are 37 kinds of commodities decreased on a month on month basis, 16 kinds of commodities decreased by more than 5%, accounting for 17.8% of the number of commodities monitored in this sector; the top three products decreased were R134a (- 15.67%), potassium chloride (- 15.14%) and propane (- 11.97%). This month, the average rise and fall was 3.66%.
In the future, the short-term cost support is relatively stable, the profit of making cyclohexanone from pure benzene is fair, the supply and demand of cyclohexanone is relatively balanced, the inventory pressure of the factory is not large, and the price difference near 3000 yuan / ton of cyclohexanone caprolactam, considering the cost factor, the downstream chemical fiber procurement enthusiasm or decrease, the cyclohexanone analyst of the business society predicted that the cross plate operation of cyclohexanone in a short time. There is still uncertainty in the long-term chemical fiber purchase demand, and it is still necessary to pay attention to the raw material price and chemical fiber demand.