This week, the cyclohexanone market in Shandong, China, has been consolidating

September 05, News

According to the commodity market analysis system, on September 5th, the factory price of cyclohexanone in Shandong region, China, was around 7,087 CNY/ton. Compared to August 30th, the price remained largely unchanged. Compared to August 1st (when the cyclohexanone price was around 7,262 CNY/ton), the price decreased by 175 CNY/ton, a 2.41% decrease.

From the commodity market analysis system, it can be seen that in the first week of September, the cyclohexanone market in Shandong region of China was mainly in a state of consolidation. At the beginning of the month, the market for cyclohexanone in Shandong was relatively calm, with little fluctuation in the cyclohexanone market, and the supply side of cyclohexanone remained stable. Downstream users were mainly engaged in rigid demand procurement, with weak and constant transmission between supply and demand. As of September 4th, the reference price for cyclohexanone in the Shandong region of China was around 7,050-7,150 CNY per ton.

Cost Perspective: In early September, the cost of pure benzene in the raw materials market experienced narrow fluctuations, slightly easing the cost support for cyclohexanone. On September 4, the benchmark price for pure benzene was 5,968.67 CNY per ton, down 0.11% from September 1 (5,975.33 CNY per ton).

Future Market Analysis

Currently, the cyclohexanone market trading atmosphere is relatively quiet, with a stable supply and moderate demand. Cyclohexanone data analysts predict that in the short term, the cyclohexanone market in China will mainly experience minor adjustments. Specific developments will require close attention to changes in supply and demand.