According to the Commodity Market Analysis System of Shengyi Society, on July 23, the ex factory price of cyclohexanone in Shandong Province, China was based on a reference of 7000 yuan/ton. Compared with July 15 (cyclohexanone price reference of 7075 yuan/ton), the price decreased by 75 yuan/ton, a decrease of 1.06%.
From the commodity market analysis system of Shengyi Society, it can be seen that in late July (7.15-7.23), the domestic cyclohexanone market in Shandong region showed a fluctuating and falling trend. The market price of cyclohexanone in Shandong region has been narrowly reduced by about 50-100 yuan/ton. As of July 23, the domestic cyclohexanone market price in Shandong region is around 6950-7050 yuan/ton.
Fundamental situation
In terms of supply and demand: Currently, the overall supply of cyclohexanone in the field is relatively abundant, and there is some pressure on the supply side. Downstream demand mainly continues to be driven by rigid procurement, and the transmission between supply and demand is weak and constant.
In terms of cost: In the latter half of the year, the volatile market for pure benzene on the cost raw material side still brought certain cost pressure to cyclohexanone. On July 22nd, the reference price of pure benzene was 5858.67 yuan/ton, a decrease of 1.4% compared to July 1st (5942 yuan/ton).
Market analysis in the future
At present, the inquiry atmosphere in the cyclohexanone market is relatively light, and the mentality of the industry is average. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market will mainly adjust and operate within a narrow range, and specific changes in supply and demand information need to be closely monitored.
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