1、 Price trend

According to data monitored by Shengyi Society, as of September 12th, the average price of domestic industrial grade high-quality cyclohexane was 7266 yuan/ton. This week, the cyclohexane market remained stable, with prices dropping by 0.46% compared to the same period last week. Currently, downstream demand in the cyclohexane market is insufficient, and upstream cost support is average. It is expected that the cyclohexane market will remain stable in the short term, with prices fluctuating slightly.
2、 Market analysis
In terms of the market, the cyclohexane market has been operating weakly and narrowly this week, with prices experiencing a narrow decline. Currently, the focus of negotiations in the domestic cyclohexane market is stable, and the operation of equipment is normal, with sufficient spot supply and downstream essential procurement as the main focus. The purchasing atmosphere is average, and the positive support from the supply side is not obvious. The mentality in the market is stable, and operations are cautious with a wait-and-see attitude. The overall market negotiation focus is stable, with no pressure on factory shipments and considerable profits. The overall market is moving upwards.
Upstream: The pure benzene market has been operating steadily with a weak performance this week. Shenghong Petrochemical has a pure benzene production capacity of 1.37 million tons per year, and the equipment is currently operating stably. Today, the price of pure benzene is stable at 6000 yuan/ton. Jiangsu Xinhai Petrochemical has a stable price of pure benzene at 5875 yuan/ton, and Dongying Petrochemical has a stable price of 5900 yuan/ton for pure benzene today. The equipment with an annual output of about 30000 tons is currently operating normally.
Downstream: Zhejiang Juhua has a production capacity of 80000 tons of cyclohexanone, all of which is used for caprolactam. The plant was shut down on September 4th. Fujian Dongxin has an annual production capacity of 80000 tons of cyclohexanone, which is shut down without a quotation. Shandong Hualu Hengsheng’s cyclohexanone plant has a production capacity of 520000 tons, mainly for caprolactam, with a small amount for export. The quotation is 7050 yuan/ton. Currently, the supply of cyclohexane is normal, and the downstream procurement atmosphere is average, with smooth shipments. Shandong Haili has an annual production capacity of 480000 tons of cyclohexanone (including adipic acid), and Jiangsu Haili has an annual production capacity of 500000 tons of cyclohexanone (including adipic acid). The plant is shut down.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the current demand for cyclohexane in the market is average, with insufficient support from the upstream cost side and a quiet atmosphere for downstream procurement.