SunSirs: The Market Price of Cyclohexane Saw a Narrow Decline This Week (September 22-29)

https://www.chemnet.com   Sep 30,2024 SunSirs

Price trend

According to data monitored by SunSirs, as of September 29th, the average price of industrial grade high-quality cyclohexane in China this week was 7,666.67 RMB/ton, a decrease of 2.13% compared to the same period last week. The price of cyclohexane remained stable this week, mainly due to manufacturers offering discounts to take orders. Downstream demand fell short of expectations, overall market shipments were 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: This week, the benzene market had mainly operated weakly, with a positive attitude towards price and shipment, and a narrow downward trend in prices. As of September 29th, there had been a slight rebound in upstream benzene prices, with a narrow upward trend in prices and insufficient support on the cost side.

Market outlook

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

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