China’s domestic cyclohexanone market on October 12, forecast tomorrow

Today (10.12) domestic cyclohexanone market, wait and see. According to the monitoring data of the business agency, the average price of cyclohexanone in the domestic market today is 5850 yuan / ton, with a month on month increase of 2.93% and a year-on-year decrease of 28.95%. International oil prices fell, but the hurricane led to a halt in offshore crude oil production in the US Gulf, which restrained the decline. In terms of raw materials, Sinopec’s pure benzene price has been reduced by 150 yuan / ton, and 3300 yuan / ton has been implemented by all its refineries since October 9. In terms of downstream, Sinopec’s settlement price of caprolactam in September 2020 was 9700 yuan / T (liquid, high-quality products, self-made acceptance in six months), which was equal to the settlement price in August. Business community cyclohexanone analysts predict that the domestic market for cyclohexanone in the short term is mainly sorted out.

 

As of today (10.12), the market prices of cyclohexanone in various regions were summarized as follows:

 

Regional price

6000-6100 yuan / ton in East China, cash delivery

6100-6200 yuan / ton in South China

5750-5850 yuan / ton in Shandong Province

POLYVINYL ALCOHOL