According to the monitoring data of business associations, as of February 28, the average price of domestic cyclohexanone market was 9500 yuan/ton, and the domestic market of cyclohexanone was strong.
II. Market Analysis
Products: The domestic market of cyclohexanone is strong and upward, the manufacturers’spot supply is not much, the quotation is increased, the traders are rising, the market demand of downstream caprolactam is still acceptable, the solvent users are conflicting with the high price, and the high price transaction is limited. The mainstream offer of cyclohexanone in North China market is delivered in cash at 10600-10700, the mainstream offer in East China market is delivered in cash at 10900-11000, and the mainstream offer in South China market is delivered in cash at 11200-11300.
Industry Chain: Pure Benzene: East China Pure Benzene Early Market Price is stable. Caprolactam: The spot market of caprolactam is strong, spot supply is still tight, manufacturers are still selling at low prices, downstream polymerization factories just need to purchase.
3. Future Market Forecast
Cost is stable, downstream chemical fiber market demand follow-up, solvent users just need to purchase, the overall supply shortage. Cyclohexanone analysts expect the market to be strong.