According to the Commodity Market Analysis System of Shengyi Society, on February 6th, the reference price of cyclohexanone in the domestic market in Shandong was 9037 yuan/ton. Compared with January 27th, the reference price of cyclohexanone in the domestic market was 9000 yuan/ton, with a price increase of 37 yuan/ton, an increase of 0.42%.

From the commodity market analysis system of Shengyi Society, it can be seen that after the Spring Festival holiday, the overall market situation of cyclohexanone in Shandong Province, China, is stable with a slight strong trend. Some cyclohexanone factories and suppliers in Shandong region have raised the price of cyclohexanone narrowly after the holiday, with an increase of about 50 yuan/ton. As of February 6th, the domestic cyclohexanone market price in Shandong region is around 8850-9100 yuan/ton.

Market factor analysis:

Firstly, in terms of demand, downstream demand for cyclohexanone gradually recovered after the holiday, and the demand side urgently needed procurement, with overall performance still acceptable. In terms of supply, after the holiday, the cyclohexanone supply side showed stable performance, and the supply side had sufficient supply. In terms of cost, the high volatility of the pure benzene market on the raw material cost side provides certain support for the cyclohexanone market.

Market price situation of cyclohexanone

Region/ Product/ February 6th

Shandong region/ Cyclohexanone/ Around 8950-9100 yuan/ton

South China region/ Cyclohexanone/ Around 9300-9400 yuan/ton

East China region/ Cyclohexanone/ Around 9200-9300 yuan/ton

Market analysis in the future

At present, the trading atmosphere in the cyclohexanone market is mild, the supply and demand transmission is weak, and the cost side provides market support. The mentality of cyclohexanone operators is still acceptable. The cyclohexanone data analyst from Business Society believes that in the short term, the domestic cyclohexanone market will mainly focus on consolidation and operation, and specific changes in supply and demand information need to be paid more attention to.