1、 Price trend
According to data monitored by Shengyi Society, as of November 12th, the average price of industrial grade high-quality cyclohexane in China this week was 7833.33 yuan/ton, which was stable compared to the same period last week. The price of cyclohexane remained stable this week, with manufacturers mainly offering discounts and taking orders, and active shipments. Downstream demand is still acceptable, and inventory is slowly being consumed. Overall, the market procurement enthusiasm is still acceptable.
2、 Market analysis
In terms of cost: This week, the pure benzene market mainly operated weakly, with insufficient market purchasing power and manufacturers lowering prices, resulting in a narrow and weak operation. Pure benzene lacked support on the cost side of cyclohexane. On November 12th, the East China pure benzene market experienced a habitual decline in negotiations, with low-end purchasing power improving and contract traders actively trading.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the short-term cyclohexane market price is expected to remain stable with a moderate to strong trend.
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