Price trend
The domestic cyclohexanone market has been running smoothly recently. According to the monitoring data of SunSirs, as of December 22, the average domestic market price of cyclohexanone was 6,983 RMB/ton, the price increased by 6.21% month-on-month and down by 3.90% year-on-year.
Analysis review
Raw material pure benzene is running weak, downstream chemical fibers and solvents just need to be purchased, cyclohexanone sales are blocked, traders follow the market, wait-and-see sentiment is strong, the market offers 7,250-7,350 RMB/ton, and the actual order is mainly discussed.
Market outlook
The cost support was weak, and small searches of cyclohexanone factories were blocked. However, the spot supply of caprolactam was tight, which may have some support for cyclohexanone. Cyclohexanone analysts of SunSirs predict that the short-term cyclohexanone market will stabilize and consolidate.
