According to the Commodity Market Analysis System of Shengyi Society, on March 5th, the reference price of cyclohexanone in the domestic market in Shandong was 8750 yuan/ton. Compared with March 1st, the reference price of cyclohexanone in the domestic market was 8925 yuan/ton, the price has decreased by 175 yuan/ton, a decrease of 1.96%.

From the commodity market analysis system of Shengyi Society, it can be seen that this week, the domestic cyclohexanone market in Shandong region showed a weak downward trend. During the week, there was insufficient support within the cyclohexanone market, and the market center continued to move towards a lower level. As of March 5th, the cyclohexanone market price in Shandong region was around 8700-8800 yuan/ton.

Market influencing factors

In terms of supply and demand: Currently, downstream users of cyclohexanone have slow demand, and the overall supply of cyclohexanone in the market is loose. The overall transmission between supply and demand is loose, which provides insufficient market support for cyclohexanone.

In terms of cost: The pure benzene market on the cost side is fluctuating and falling, and the support for cyclohexanone is also insufficient. On March 5th, the reference price of pure benzene was 7434 yuan/ton, a decrease of 1.11% compared to March 1st (7518 yuan/ton).

Market analysis in the future

At present, the trading atmosphere in the cyclohexanone market is relatively light, and there is a strong wait-and-see sentiment. The cyclohexanone data analyst from Shengyi Society predicts that in the short term, the domestic cyclohexanone market will mainly be weak and stable, and specific changes in supply and demand information need to be closely monitored.