According to the Commodity Market Analysis System of Shengyi Society, on April 17th, the reference market price of cyclohexanone in Shandong Province, China was 7812 yuan/ton, a decrease of 114 yuan/ton compared to April 13th (reference market price of cyclohexanone was 7926 yuan/ton).
From the Commodity Market Analysis System of Shengyi Society, it can be seen that this week (4.13-4.17), the domestic cyclohexanone market in Shandong Province showed an overall downward trend. During the week, the focus of the cyclohexanone market in Shandong continued to shift downwards, with a decrease of about 100-200 yuan/ton. As of April 17th, the cyclohexanone market price in Shandong was around 7800-8000 yuan/ton.
Market influencing factors
In terms of supply and demand: Currently, the overall positive support for the cyclohexanone market is insufficient. In terms of demand, downstream demand for cyclohexanone has performed poorly, with cautious new order transactions and hindered demand transmission. On the supply side, due to the drag of demand, the overall market supply is under pressure, and cyclohexanone factories and suppliers are offering discounts for shipments, revealing the contradiction between supply and demand on site.
In terms of cost: Recently, the raw material pure benzene market has fluctuated in the low range, providing loose cost support for cyclohexanone. As of April 16th, the reference price of pure benzene was 6405.33 yuan/ton, a decrease of 3.82% compared to April 1st (6659.67 yuan/ton).
Market analysis in the future
At present, the overall inquiry atmosphere in the cyclohexanone market in Shandong is relatively light, with cautious follow-up of downstream new orders and limited confidence among industry players. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the domestic cyclohexanone market in Shandong will mainly be weak and stable, and specific changes in supply and demand information need to be closely monitored.