1.Price Trend
According to the monitoring data of business associations, as of April 3, the average price of domestic cyclohexanone market was 9,433 yuan/ton, and the domestic market of cyclohexanone rose slightly.
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II. Market Analysis
Products: Cyclohexanone market has increased slightly, the purchasing situation of downstream chemical fiber factories is still acceptable, some factories have increased their quotations, the market has reduced the supply of low prices, and the solvent market has just needed to purchase. The mainstream offer of cyclohexanone in North China market is sent in cash from 9400 to 9600, the mainstream offer in East China market is sent in cash from 9700 to 9900, and the mainstream offer in South China market is sent in cash from 11000 to 10300.
Industry Chain: Pure Benzene: Driven by the rising stock market and commodities, East China’s offer rose, but the buying did not follow up. Spot buy 4300 yuan/ton, offer 4500-4550 yuan/ton, April 4350-4600 yuan/ton, May 4450-4600 yuan/ton. Caprolactam: Caprolactam liquid market trend is strong, spot supply is tight, manufacturers are reluctant to sell at low prices, low-end prices continue to decrease, the procurement atmosphere of the polymerization plant is still acceptable, and the field mentality preference. The liquid spot price of caprolactam is delivered at 14100-14300 yuan/ton acceptance. On the solid side, due to the rising price of liquids, part of the solid side sells at a low price. The price refers to 14500-14700 yuan/ton, which is remitted to us now. The price of the northern part is slightly lower.
3. Future Market Forecast
The cost surface is relatively stable. The export volume of cyclohexanone in the market fluctuates little with the adjustment of the start-up of chemical fiber plant. Cyclohexanone analysts, business associations, predict that short-term cyclohexanone market stabilization is the main adjustment.
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