According to the monitoring data of SunSirs, from November 7 to November 14, the average price of cyclohexanone in the domestic market fell from 9,700 RMB/ton to 9,566 RMB/ton, down 1.37% in the week, down 3.95% month on month and down 14.39% year on year.
Analysis review
This week, the domestic cyclohexanone market fluctuated at a low level, and the pure benzene market was consolidated at a low level. The cost support was relatively stable. The total downstream demand was still average, and the cyclohexanone market was difficult to change significantly in the short term.
Raw material pure benzene: the price of domestic pure benzene market fluctuated at a low level, while the spot transaction in East China fluctuated around 6,870-6,900 RMB/ton. The price of Shandong Local Refinery was 6,800-6,850 RMB/ton.
Downstream CPL: CPL was stable and upward, the cost and demand side were basically weak recently, the CPL market was mainly traded on demand, and the overall market atmosphere was relatively stable.
Market outlook
The supporting cyclohexanone devices of some CPL enterprises were abnormal, increasing the demand for cyclohexanone. The cyclohexanone analysts of SunSirs predict that the cyclohexanone market is expected to recover in the short term.
