1、 Price trend
According to data monitored by Shengyi Society, as of April 27th, the average price of domestic industrial grade high-quality cyclohexane was 7600 yuan/ton. Currently, the cyclohexane market is stable and the overall market supply and demand are balanced. The mainstream market price is around 7500 yuan/ton.
2、 Market analysis
On the demand side: downstream demand is weak, the purchasing atmosphere is average, shipments are slow, inventory is high, and on the export side: there are currently no significant incremental orders, mainly contract customers, with limited new order quantities.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the cyclohexane market is currently maintaining its current trend, with a moderate downstream purchasing atmosphere and an overall market supply-demand balance, resulting in insufficient upward momentum for prices.
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