1、 Price trend

According to data monitored by Shengyi Society, as of September 30th, the average price of industrial grade high-quality cyclohexane in China was 7666.67 yuan/ton. In September, cyclohexane prices showed a weak downward trend, with a 2.13% decrease compared to the same period last month. The overall market lacks upward momentum, and manufacturers currently have average downstream demand. The market transaction atmosphere is positive, and the prices of mainstream cyclohexane factories are stable with a weak trend.

2、 Market analysis

In terms of cost: Domestic pure benzene prices continue to decline, and the current atmosphere of on-site negotiations is average. The international crude oil market is volatile, with average support for pure benzene. Port inventory is mainly depleted, but there is a high accumulation of inventory in the future, and the market mentality is unstable. Shandong local refineries continue to offer discounts to promote spot sales.

3、 Future forecast

The cyclohexane analyst from Shengyi Society believes that there is currently insufficient support on the upstream cost side and weak downstream demand, and it is expected that the short-term upward momentum of the cyclohexane market will be insufficient.