According to the Commodity Market Analysis System of Shengyi Society, on October 21st, the domestic cyclohexanone market price reference was 9237 yuan/ton. On October 13th, the domestic cyclohexanone market price reference was 9500 yuan/ton, with a price reduction of 263 yuan/ton, a decrease of 3.55%.

From the Commodity Market Analysis System of Shengyi Society, it can be seen that in recent times (10.13-10.18), the overall domestic cyclohexanone market has shown a weak downward trend, with a lack of positive support and boost in the cyclohexanone market, and market prices have been continuously approaching low levels. As of October 21st, the reference market price for cyclohexanone in Shandong region is around 9300-9400 yuan/ton, and the reference market price for cyclohexanone in Inner Mongolia region is around 9050-9100 yuan/ton.

Analysis of Market Factors:.

In terms of cost: Recently, the market for pure benzene on the cost side of cyclohexanone has been consistently weak and declining,

The continuous decrease in cost has provided poor support for cyclohexanone.

On the demand side: Currently, the overall trading atmosphere in the cyclohexanone market is light, with high priced transactions being relatively quiet. Downstream users are mainly cautious in their first-time purchases, and the support provided by demand for cyclohexanone is limited.

Market analysis in the future

At present, the transmission between supply and demand in the cyclohexanone market is weak, with slow shipments from the supply side and average downstream demand conversion. According to the data analyst of Business Society’s cyclohexanone data, the domestic cyclohexanone market will mainly adjust and operate within a narrow range in the near future, and the specific trend still needs to pay more attention to changes in supply and demand news.