According to the Commodity Market Analysis System of Shengyi Society, on September 30th, the domestic cyclohexanone market price reference was 9412 yuan/ton. On October 10th, the domestic cyclohexanone market price reference was 9525 yuan/ton, with a price increase of 113 yuan/ton, an increase of 1.20%.
From the commodity market analysis system of Shengyi Society, it can be seen that after the National Day holiday, the overall market situation of cyclohexanone in China has shown a fluctuating upward trend. In the two days before the start of work after the holiday, the stability of raw materials has provided certain support to the market, and downstream procurement is still acceptable. The cyclohexanone market is generally stable with an upward trend. After a brief rise, as the raw material pure benzene market weakened and fell, the cost support for cyclohexanone weakened, and downstream demand was unable to support the stable operation of the market. The supply of cyclohexanone was under pressure, and the cyclohexanone market experienced a downward adjustment, with a reduction of about 100 yuan/ton. On October 10th, the market price of cyclohexanone in Shandong region was around 9500-9700 yuan/ton, and the market price of cyclohexanone in Inner Mongolia region was around 9300-9400 yuan/ton.
Fundamental situation: Currently, the overall supply of cyclohexanone market is relatively loose, with an overall performance of oversupply in the market. The downstream solvent and chemical fiber markets are mainly driven by rigid demand procurement, with average overall demand performance. The market is currently showing stable, moderate, and weak operation.
Market analysis in the future
At present, the overall trading atmosphere in the cyclohexanone market is light, and the “Silver Ten” effect is not obvious. The transmission between overall supply and demand is weak. The cyclohexanone data analyst from Business Society believes that in the short term, the domestic cyclohexanone market will mostly operate in a narrow range, and specific changes in supply and demand information need to be closely monitored.
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