Price Trend
According to the monitoring data of business associations, as of August 15, the latest domestic price of cyclohexanone was 7966 yuan/ton, which was 2.85% lower than the previous year and 36.27% lower than the previous year. The domestic market climate for cyclohexanone has improved.
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II. Market Analysis
Products: Cyclohexanone market low price reduction, factory spot pressure is not large, part of the factory quotation increase, shipment is still acceptable, solvents on demand procurement. The mainstream offer of cyclohexanone in North China market is delivered in cash from 8100 to 8200, the mainstream offer in East China market is delivered in cash from 8300 to 8400, and the mainstream offer in South China market is delivered in cash from 8700 to 8800.
Industry Chain: Pure Benzene: East China Pure Benzene offer is firm. It will be delivered at 5150-5250 yuan/ton in August, negotiated at 5100-5200 yuan/ton in September and sold at 5100 yuan/ton in October. Informational factors and external market support TRADERS’high reports, but the market mentality is still acceptable, low is difficult to find.
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Caprolactam: The market climate of caprolactam has improved, the US and China tariffs have released good news again, crude oil has risen, and cost support is still acceptable. The main spot price of caprolactam liquids is 12000-12200 yuan/ton, which is accepted and delivered at a slightly lower price. Some of the prices in the north are 11500 yuan/ton. The intermediaries in the solid market are accompanied by shipments at the price of 1230-12600 yuan/ton. The spot price of some domestic sources is lower.
3. Future Market Forecast
Cost support is acceptable, but given the release of new capacity. Cyclohexanone analysts at business associations expect the short-term cyclohexanone market to consolidate.
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