1、 Price trend
According to data monitored by Shengyi Society, as of December 10th, the average price of industrial grade high-quality cyclohexane in China was 7700 yuan/ton. Currently, the domestic cyclohexane market is operating steadily, with transaction prices remaining at around 7700 yuan/ton. The cyclohexane market supply is sufficient, and follow-up is cautious, with a strong atmosphere of cautious observation downstream.
2、 Market analysis
In terms of cost: Currently, the upstream pure benzene has rebounded after a decline, while the downstream rigid demand procurement is active, with contracts for procurement within the month supported by favorable macro policies. The downstream buying potential is still acceptable, and it is expected that prices will be strong in the short term.
Downstream: Currently, the low prices of cyclohexanone in the South China market have decreased, and downstream purchases are being made on demand. The supply of spot goods in the market has also decreased, resulting in frequent high prices. In the short term, prices are expected to remain strong.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that there is currently price support in the upstream and a positive purchasing atmosphere in the downstream. It is expected that the cyclohexane market will maintain its current trend in the short term.
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