According to the Commodity Market Analysis System of Shengyi Society, on June 17th, the reference price of cyclohexanone in the domestic Shandong region was 7375 yuan/ton. Compared with June 13th (reference price of cyclohexanone was 6300 yuan/ton), the price increased by 75 yuan/ton. Compared with May 17th (reference price of cyclohexanone was 7575 yuan/ton), the price decreased by 200 yuan/ton, a decrease of 2.64%.
From the commodity market analysis system of Shengyi Society, it can be seen that since mid May, the cyclohexanone market in Shandong has been running weakly for more than a month. Until mid June, the cyclohexanone market finally experienced a recovery, with cyclohexanone factories and suppliers in Shandong region narrowly raising cyclohexanone prices. The overall negotiation focus of the market shifted slightly upward, with a price adjustment range of about 100 yuan/ton. As of June 17th, the cyclohexanone market price in Shandong region was around 7300-7400 yuan/ton.
Fundamental situation
In terms of cost: Currently, the pure benzene market on the cost raw material side is fluctuating and rising, and the support for cyclohexanone from the cost side is gradually increasing. The rise in cyclohexanone market is also mostly supported by the raw material side, which can be described as “rising with the original”.
Supply side: Currently, the overall supply performance of the cyclohexanone market remains relatively stable, with little overall change in the supply side, providing moderate support for the cyclohexanone market.
In terms of demand: Currently, downstream demand for cyclohexanone is mainly based on on-demand procurement, and downstream chemical fiber and solvent markets are cautious in following up on high prices, resulting in weak supply and demand transmission.
Market analysis in the future
At present, the trading atmosphere in the cyclohexanone market is mild, and the mentality of the industry is still good. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market in Shandong will mainly focus on consolidation and operation, and specific changes in supply and demand need to be closely monitored.
| http://www.pva-china.net |