According to the Commodity Market Analysis System of Shengyi Society, on May 15th, the reference price for cyclohexanone market in Shandong Province was 7375 yuan/ton. Compared with May 1st (reference price for cyclohexanone market was 7637 yuan/ton), the price decreased by 262 yuan/ton, a decrease of 3.44%.
From the Commodity Market Analysis System of Shengyi Society, it can be seen that in early May, the domestic cyclohexanone market in Shandong Province showed an overall trend of first falling and then slightly rebounding. During the Labor Day period, the cyclohexanone market remained relatively stable with little change in supply and demand news. In the first week after the holiday, the overall market was weak and declining. Downstream stocking was cautious after the holiday, and demand support was insufficient, putting pressure on market supply. The price center continued to decline, with low-end prices falling to around 7000 yuan/ton. Subsequently, the market for pure benzene on the raw material side fluctuated and rose, while the cost side provided stronger support for cyclohexanone. With the support of raw materials, the cyclohexanone market experienced an upward trend. As of May 15th, the domestic cyclohexanone market in Shandong has adjusted to around 7300-7400 yuan/ton.
Upstream: Recently, the market for raw material pure benzene has been rising. As of May 14th, the reference price of pure benzene was 5985.33 yuan/ton, an increase of 4.85% compared to May 1st (5708.67 yuan/ton).
Market analysis in the future
At present, the trading atmosphere in the cyclohexanone market is mild, with downstream rigid demand procurement as the main focus, and strong cost support for the market. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the cyclohexanone market in Shandong will mainly operate steadily with a slight upward trend, and specific changes in supply and demand information need to be closely monitored.
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