1、 Price trend
According to the monitoring data of the business agency, as of January 13, the latest price of cyclohexanone in China was 7383 yuan / ton, up 1.61% month on month, and down 14.45% year on year. The domestic market of cyclohexanone is mainly sorted out.
| Polyglutamic acid |
2、 Market analysis
Products: at present, domestic cyclohexanone manufacturers have made it clear that there are not many offers. The shipping level of enterprises is around 7400-7450 yuan / ton. Most of them supply supporting downstream production demand, and the inventory level is low. The market of cyclohexanone in Southern China continues to be sorted out, and the negotiation refers to the delivery of 7900-7950 yuan / ton. The main trading intention is near the low end, the demand of solvent market is general, the enthusiasm of goods preparation is limited, and the buyer purchases according to the demand. The market of cyclohexanone in East China has been sorted out at a high level, with the reference of 7800-7900 yuan / ton for on-site negotiation. The upstream and downstream product market has been firmly supported. The lack of profit limits the market’s further recovery, and the short-term atmosphere is weak.
Industrial chain: pure benzene: Asian pure benzene Market: in February, the seller intends to buy goods at 710-725 US dollars / ton FOB South Korea. Domestic pure benzene Market: East China’s pure benzene market is weak. The negotiation intention refers to 5850-5900 yuan / ton, and the negotiation of goods in the far month is 5750-5850 yuan / ton. The sharp decline of the external market has an impact on the mentality. The downstream response to the high price is insufficient, and the market wait-and-see is increasing.
| Poly glutamic acid |
Caprolactam: the caprolactam liquid market is relatively strong, and the main real single negotiated price in East China market is 11300-11400 yuan / ton (delivered by acceptance within 6 months), up 100 yuan / ton. Sinopec’s price hike has boosted the market atmosphere. Caprolactam companies have made firm offers, and the focus of market negotiations has increased slightly. Downstream buyers are mainly cautious and wait-and-see, and the market trading atmosphere is light.
3、 Future forecast
On the positive side, the enterprise price has certain support; the downstream market remains firm. On the negative side, the demand for solvent is insufficient; the profit of industrial chain is insufficient. Downstream firm support for the market, the pure benzene trend is weaker, business community cyclohexanone analysts expect, short-term domestic cyclohexanone market firm consolidation.
| poly gamma glutamic acid |