The demand is general, and the market price of cyclohexanone is adjusted in a narrow range

According to the monitoring data of business agency, from October 9 to October 15, the average market price of cyclohexanone in China rose from 12760 yuan / ton to 12820 yuan / ton, an increase of 0.47% in the week, a month on month increase of 0.31% and a year-on-year increase of 119.15%.

After the festival, driven by the new production demand of cyclohexanone unit, the raw material pure benzene market rose first, and the downstream solvent of cyclohexanone was actively purchased, which formed a short support for the cyclohexanone market. However, the downstream chemical fiber market is general, and the enthusiasm for purchasing high priced cyclohexanone is significantly lower than that before the national holiday. The inventory of some cyclohexanone factories is high, mainly for profit making shipments. At present, the mentality of domestic cyclohexanone traders is empty, and the transaction focus of cyclohexanone has dropped.

In terms of raw materials and pure benzene, East China pure benzene rose as a whole. During the festival, new downstream enterprises in Shandong were put into operation, and local downstream enterprises invited tenders for many times. The inventory of local enterprises was low and the supply was tight, leading to a continuous rise in prices. After the festival, the inventory in East China was low, the spot was also tight, and the price rose sharply. Downstream, caprolactam units are planned to be restarted one after another and the capacity of new units is released. The supply of caprolactam may tend to be loose. In addition, with the shutdown of Heze Xuyang adipic acid unit, Nanjing Dongfang plans to restart in the near future. It is expected that the demand for chemical fiber procurement is limited.

Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business society:

Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business community:

Although the cost support is obvious, the supply of cyclohexanone exceeds the demand in the short term. The cyclohexanone analysts of business society expect the short-term cyclohexanone market to fluctuate in a narrow range.

PVA