Market situation of cyclohexanone encounters “Waterloo”

I. price trend


According to the monitoring data of business agency, as of November 7, the latest price of cyclohexanone in China was 7366 yuan / ton, down 18.60% month on month and 42.82% year on year. The market of cyclohexanone in China is weak.


PVA 1799 (PVA BF17)

II. Market analysis


Products: at present, domestic cyclohexanone manufacturers have made it clear that there are not many offers. The shipping level of enterprises is around 7600-7800 yuan / ton. Most of them supply supporting downstream production demand, and the inventory level is low. The market of cyclohexanone in South China is weak. The price is 7800-7900 yuan / ton for negotiation. The demand for solvent procurement in the downstream is weak, and the intention tends to be near the low end. The supply of goods in the site is general, and the optimism is insufficient. The market of cyclohexanone in East China is relatively weak, and the negotiation reference is 7800-7900 yuan / ton. The main purchase intention tends to be low-end or lower, the trading atmosphere is relatively weak, the downstream enterprises mainly purchase on demand, and the upstream small rebound has certain support.


Industrial chain: pure benzene: Asian pure benzene Market: in January, the intention of sales is 638-647 USD / ton FOB South Korea. Domestic pure benzene Market: the pure benzene Market in East China continues to rise, and the external market has been uplifted. The negotiation reference is 5350-5450 yuan / ton, some of the sales are slightly higher, and the far monthly negotiation is 5150-5200 yuan / ton, with a certain support for inventory decline.


PVA 1788 (PVA BP17)

Caprolactam: the US dollar market of caprolactam has been kept in order, the offers of merchants have been temporarily stable, the inquiry atmosphere of downstream factories is light, there are not many actual orders in the market, and the main market negotiation reference is 1330-1350 US dollars / ton. The caprolactam liquid market maintained consolidation, and the main real single negotiated price in East China market was 11300-11400 yuan / ton (delivered by acceptance within 6 months), stable. Caprolactam business offer is temporarily stable, the focus of market negotiation is low-end. Downstream just need to buy mainly, the market trading atmosphere is light.


III. future forecast


On the positive side, the price of pure benzene rose. On the negative side, the demand for solvent is insufficient; the price of enterprise is low. The supporting role of the upstream rise is reflected in a certain extent. The weakness of the downstream limits the rebound. According to the forecast of the cyclohexanone analysts of the business society, the short-term domestic market of cyclohexanone is dominated by consolidation.