According to the Commodity Market Analysis System of Shengyi Society, on May 21st, the reference price for cyclohexanone market in Shandong Province was 7500 yuan/ton. Compared with May 16th (reference price for cyclohexanone market was 7575 yuan/ton), the price has decreased by 75 yuan/ton, a decrease of 0.99%.
From the commodity market analysis system of Shengyi Society, it can be seen that this week, the cyclohexanone market in Shandong Province, China, has been weakly declining. During the week, some cyclohexanone factories in Shandong province lowered the price of cyclohexanone by 100 yuan/ton. The price adjustment by major factories has led to a downward shift in the overall negotiation focus of the market. As of May 21st, the cyclohexanone market price in Shandong province is around 7450-7550 yuan/ton.
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Analysis of Market Factors
In terms of supply and demand: Currently, there is little change in the supply side of the cyclohexanone market, and the supply side is mainly stable. However, downstream demand is cautious, and demand follow-up is slow, with limited market support from the demand side.
Upstream: Currently, the market for pure benzene on the raw material side is weak and stable, which has loosened the cost support for cyclohexanone compared to the previous period. As of May 21st, the reference price for pure benzene is 5985.33 yuan/ton. .
Market analysis in the future
At present, the overall trading atmosphere in the cyclohexanone market is relatively weak. The cyclohexanone market has seen some upward adjustments in the early stage, and downstream companies are still following the current market conservatively. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market will mainly undergo narrow adjustments, and specific changes in supply and demand information need to be closely monitored.
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