SunSirs: The Cyclohexane Market Was Stable and Strong (October 18-25)

https://www.chemnet.com   Oct 26,2022 SunSirs

　　According to the data monitored by SunSirs, as of October 25, the average price of domestic industrial grade cyclohexane was 8,466.67 RMB/ton, 2.42% higher than that of the same period last week, and the price rose slightly. On the 25th, the price of cyclohexane was stable and strong, the overall market operation rate was normal, the supply side was stable, the logistics shipment was smooth, the transaction atmosphere was general, and the overall market negotiation atmosphere was general.

　　Analysis review

　　The average price of domestic industrial grade premium cyclohexane was 8,466.67 RMB/ton. On the 25th, the quotation range of mainstream manufacturers remained around 8,500 RMB/ton, the overall market of cyclohexane was stable, the willingness of downstream to stock up was general, the purchasing atmosphere was cold, the supply side was normal, the operating rate was stable, the merchants gave up profits to deliver orders. Latest prices of enterprise cyclohexane: the price of cyclohexane of Liaocheng Jinrui New Materials Co., Ltd. was 8,700 RMB/ton, that of Shandong Zhiying New Materials Co., Ltd. was 8,750 RMB/ton, that of Jinan Pulaihua Chemical Co., Ltd. was 8,900 RMB/ton, and that of Liaocheng Quanyou Chemical Trade Co., Ltd. was 9,000 RMB/ton.

　　Chemical index: On October 24, the chemical index was 982 points, down 6 points from the previous day, down 29.86% from the cycle's highest point of 1,400 points (2021-10-23), and up 64.21% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

　　Market outlook

　　Cyclohexane analysts from SunSirs believe that the cyclohexane market will remain stable and strong in the short term.

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