According to the monitoring of Business News Agency, the domestic cyclohexanone market fluctuated in a narrow range. On February 27 and March 3, the average market price of cyclohexanone in China rose from 9466 yuan/ton to 9516 yuan/ton, with a weekly increase of 0.53%, a month-on-month decrease of 0.87% and a year-on-year decrease of 15.03%. The raw material pure benzene rose, and the cost support was upward. The supply of cyclohexanone was reduced, and the external quotation of manufacturers was increased, but the downstream demand was the main demand, and the market transaction was general, and the rise of cyclohexanone market was limited.
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On the cost side, the domestic market price of pure benzene rose. The domestic production of pure benzene continued to increase, but the internal and external prices were upside down, the import volume was reduced, the downstream demand was expected to improve, and the demand for steel and speculators were bullish at the same time, and actively entered the market for procurement.
In terms of supply, the market is relatively abundant at present. The main production enterprises are overhauling or stopping production. Some production enterprises mainly supply caprolactam, and cyclohexanone is not exported for the time being. The supply side of cyclohexanone in the short term is difficult to have positive factors.
On the demand side, the price of caprolactam rose, the spot price of upstream pure benzene rebounded, and the cost formed support. In addition, in the early stage, some enterprises of caprolactam had short-term negative reduction or maintenance, and the supply of caprolactam had declined, and the market confidence was strong. The demand side of cyclohexanone was slightly positive.
The future forecast shows that the supply and demand of cyclohexanone is weak and the cost support is relatively stable. The cyclohexanone analyst of the business agency predicted that the domestic cyclohexanone market was mainly strong in the short term.
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