According to the monitoring data of business agency, from November 12 to November 19, the average market price of cyclohexanone in China fell from 11175 yuan / ton to 10475 yuan / ton, a decrease of 6.26% in the week, a month on month decrease of 12.12% and a year-on-year increase of 59.32%.
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The domestic cyclohexanone market fell significantly this week. Traders’ quotations have been lowered many times. After the manufacturer suspended the quotation for a period of time, it quoted a low price, which increased the bearish sentiment in the market. The enthusiasm of downstream purchasing is poor, and the atmosphere of just needing to buy is light.
Summary of domestic cyclohexanone market as of November 19:
region ., Price
East China 10200-10400 yuan / ton cash delivery
South China 10900-11100 yuan / ton cash delivery
Shandong region 10100-10200 yuan / ton cash delivery
In terms of raw materials, pure benzene was lowered and listed twice in the week, with a total of 600 yuan / ton, and the cost surface collapsed.
Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business society:
The downstream caprolactam supply is relatively abundant, the enthusiasm for external extraction of cyclohexanone has decreased significantly, the delivery of cyclohexanone is not smooth, the market supply has increased, some factories have made substantial profits, the market wait-and-see atmosphere is strong, and the transaction at high prices is weak.
Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business community:
Cyclohexanone is in a situation of oversupply in the short term. Cyclohexanone analysts of business society expect that the short-term cyclohexanone market will mainly decline in a narrow range.
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