According to the Commodity Market Analysis System of Shengyi Society, on January 2nd, the reference price of cyclohexanone in the domestic market was 8725 yuan/ton. Compared with the reference price of 8850 yuan/ton on December 29th before the holiday, the price decreased by 125 yuan/ton, a decrease of 1.41%.

From the commodity market analysis system of Shengyi Society, it can be seen that after New Year’s Day, the domestic cyclohexanone market has once again approached a low level, with a weak downward trend. On the eve of the holiday, the cyclohexanone market has been continuously declining for more than half a month, and the focus of market negotiations continues to shift downwards. As the end of the month approaches, the market has stopped falling and stabilized, operating in a consolidating manner. However, after the holiday, the cyclohexanone market fell again, and the stable cost side market provided stable support for cyclohexanone. However, there was no obvious stocking enthusiasm on the downstream demand side, and the demand conversion was also slow. The overall positive support for cyclohexanone is insufficient. As of January 2nd, the domestic cyclohexanone market price reference is around 8700-9000 yuan/ton.

In terms of upstream pure benzene: On January 1st, the reference price of pure benzene was 7234.67 yuan/ton, a decrease of 1.41% compared to December 1st (7338.00).

Market analysis in the future

At present, some downstream users of cyclohexanone have expectations of reduced production, and the overall downstream external procurement is weak. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the domestic cyclohexanone market will mostly be weak in consolidation and operation, and specific changes in supply and demand need to be closely monitored.