This week, the cyclohexane market in China mainly maintained stable operation (9.5-9.12)

September 12, News

I. Price Trends

Downstream: Zhejiang Juhua's cyclohexanone capacity is 80,000 tons, all for internal use in caprolactam. The facility was shut down on September 4. Fujian Dongxin's cyclohexanone annual production capacity is 80,000 tons, and the facility is currently shut down with no quotations. Shandong Hualu Hengsheng's cyclohexanone facility has a capacity of 520,000 tons, mainly for caprolactam with a small amount for external sales, and the quotation is 7,050 CNY per ton. Currently, the supply of cyclohexane is normal, and the downstream purchasing atmosphere is moderate, with smooth shipments. Shandong Hai Li has an annual production capacity of 480,000 tons of cyclohexanone (including adipic acid), and Jiangsu Hai Li has an annual production capacity of 500,000 tons of cyclohexanone (including adipic acid). Both facilities are currently shut down, and the restart time is undetermined.

III. Market Forecast

The cyclohexane analyst notes: Currently, market demand for cyclohexane is moderate, upstream cost support remains weak, and downstream purchasing activity is sluggish.