Recent Cyclohexanone Market Consolidation in Shandong, China

September 16, News

According to the commodity market analysis system, on September 16, the factory price of cyclohexanone in Shandong region, China, was 7,087 CNY/ton. Compared to September 1, the price remained basically unchanged. Compared to August 1 (when the cyclohexanone price was 7,262 CNY/ton), the price decreased by 175 CNY/ton, a price decrease of 2.41%.

From the commodity market analysis system, it can be seen that in the early September period, the cyclohexanone market in Shandong region of China was mainly stable, with a relatively calm news environment and limited overall fluctuations. As of September 16th, the reference price for cyclohexanone in the Shandong region of China was around 7050-7150 CNY per ton.

Fundamental situation

Supply and demand: Currently, the supply side of the cyclohexanone market in China is stable, with downstream users purchasing according to their needs, and the transmission between supply and demand is acceptable.

Cost Perspective: In early September, the cyclohexanone cost structure saw high-level fluctuations in the pure benzene market. Meanwhile, cyclohexanol continued to face ongoing cost pressures. As of September 15, the benchmark price for pure benzene stood at 5,998.67 CNY per ton, representing a 0.39% increase compared to 5,975.33 CNY per ton on September 1.

Future Market Analysis

Currently, the market trading atmosphere for cyclohexanone is relatively mild, with overall supply appearing sufficient. Demand continues to be mainly for necessary inventory replenishment. Cyclohexanone analysts predict that in the short term, the cyclohexanone market in China will mostly operate in a consolidating manner. Specific developments will require close attention to changes in supply and demand dynamics.