According to the monitoring of the Business News Agency, the domestic cyclohexanone market is weak and declining. From March 17th to 24th, the average market price of cyclohexanone in China fell from 9516 yuan/ton to 9500 yuan/ton, with a weekly decrease of 0.18%. The price rose 0.71% month-on-month and a year-on-year decrease of 15.43%. The spot price of raw material pure benzene is weak and volatile, and cost support has weakened. At the same time, some manufacturers have increased supply, while downstream demand is general. The industry’s mentality is weak, and the focus of the cyclohexanone market has fallen.

On the cost side, the domestic market price of pure benzene has increased slightly, and the output has decreased. The pure benzene in East China port has been removed from the warehouse, and there are still maintenance plans for the supply devices in the later stage, easing the pressure on the domestic supply of pure benzene. Spot transaction: 6990-7180 yuan/ton; The Shandong market price traded at 6960-7070 yuan/ton.

On the supply side, the unit operating rate of the cyclohexanone industry remained at around 70% this week, with a slight increase in supply.

On the demand side, caprolactam prices fell. The recent weakening of upstream crude oil prices has affected the purchasing mentality in the downstream market. The overall caprolactam market is still cautious. In addition, some enterprises in the north have increased inventory pressure and partially reduced prices for sales. The overall price center of the cyclohexanone spot market is tending to be lower. The demand side for cyclohexanone was negatively affected.

In the future market forecast, cyclohexanone analysts from the business agency predict that the short-term domestic cyclohexanone market volatility will be dominated by consolidation.