Price Trend

According to business association monitoring data, as of September 10, the latest domestic price of cyclohexanone was 8283 yuan/ton, rising by 2.09% annually and falling by 33.73% year-on-year. Domestic market of cyclohexanone is mainly pushed up.

II. Market Analysis

Products: The domestic market of cyclohexanone has been boosted, the quotation of mainstream factories has been raised slightly, traders are mainly following the upswing, the intention of downstream pre-festival reserve is not high, and the market transaction in Hunan is completed. Considering the current cost support, we will continue to pay attention to domestic equipment and downstream procurement, and expect the short-term operation of domestic cyclohexanone market.

Industry chain: pure benzene: East China pure benzene center of gravity stronger than in the morning. Spot talks went up to 5700-5800 yuan/ton, in September to 5720-5800 yuan/ton, and in October to 5670-5780 yuan/ton. High external market and tight spot market support high prices.

Caprolactam: The domestic liquid caprolactam spot market has risen slightly, the cost support is still acceptable, some manufacturers have reduced their prices, and the demand follow-up situation generally has some restrictions on the market. The main liquid spot price in East China market is 12300-12400 yuan/ton, which is delivered by acceptance; part of Shandong’s price is 11900 yuan/ton, which is remitted to the factory.

3. Future Market Forecast

Cyclohexanone analysts at business associations expect the short-term cyclohexanone market to be strong.