SunSirs: The Cyclohexane Market Remained Stable This Week (September 13-20)

https://www.chemnet.com   Sep 23,2024 SunSirs

Price trend ?

According to data monitored by SunSirs, as of September 20th, the average price of industrial grade high-quality cyclohexane in China this week was 7,833.33 RMB/ton. The price of cyclohexane remained stable this week, with downstream demand falling short of expectations. The overall market shipment was slow, inventory remained high, and downstream purchases were mainly for essential needs. Many operators adopted a cautious and wait-and-see attitude.

Analysis review

In terms of cost, the pure benzene market had been mainly weak this week. On September 19th, the price delivery mentality was positive, with a narrow downward trend. As of September 20th, the upstream pure benzene price had slightly rebounded, with a narrow upward trend. Dongying Fuhaiweilian Petrochemical's pure benzene price had been raised by 20 RMB/ton, with a price of 8413 RMB/ton.

Market outlook

The cyclohexane analyst from SunSirs believes that it is expected that the market price of cyclohexane will maintain its trend in the short term, and the price will mainly operate steadily.

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