According to the commodity market analysis system of the business community, the domestic market of Cyclohexanone continued to decline in July. From July 1 to 27, the average price of Cyclohexanone in the domestic market rose from 8071 yuan/ton to 8785 yuan/ton, up 8.85%, and the price fell 14.20% year on year.

At the beginning of the month, the raw material pure benzene was strong, and the cost pressure increased. However, the downstream still followed up on demand, and it was difficult to make a big breakthrough in the short term. The market situation of Cyclohexanone was consolidated and operated. In the middle of June, the market price of raw material pure benzene rose, the cost support was strong, the market atmosphere improved, the downstream chemical fiber and solvent were replenished as needed, and the market price of Cyclohexanone rose in a narrow range. In the latter half of the month, the market price of raw material pure benzene continued to rise, with strong cost support. The supply of Cyclohexanone is relatively small. Driven by the cost, manufacturers are reluctant to sell at low prices and actively explore the price rise. As the price rises in the downstream, the follow-up is average.

On the cost side, the domestic pure benzene market continued to rise in July. On July 27th, the benchmark price of pure benzene at Shangshang Society was 7053.83 yuan/ton, an increase of 14.07% compared to the beginning of this month (6183.83 yuan/ton). Pure benzene has followed the rise of styrene market, with strong demand in spot and recent months, and the increase has expanded. Shandong traders’ demand for inventory and replenishment has actively pursued an upward trend, driving the focus of transactions upward. The cost of Cyclohexanone is favorable.

On the supply side, the main production enterprise equipment maintenance. The short-term supply of Cyclohexanone was slightly positive.

On the demand side, the domestic Caprolactam market rose in a narrow range in July. On July 27, the benchmark price of Caprolactam in the business community was 12300.00 yuan/ton, up 1.67% compared with 12097.50 yuan/ton at the beginning of this month. Under cost pressure, the spot price of Caprolactam increases with the cost. The supply side gradually recovered, and the spot market of Caprolactam increased. The demand side of Cyclohexanone is favorable.

In the future market forecast, pure benzene will operate at a high level, with good cost support. The downstream will follow up as required. Cyclohexanone analysts from the business society predict that the short-term domestic Cyclohexanone market will operate at a high level.