According to the Commodity Market Analysis System of Shengyishe, from December 11th to 18th, the average price of cyclohexanone in the domestic market remained at 9325 yuan/ton, with a month on month decrease of 0.40% and a year-on-year increase of 1.36%. The raw material pure benzene oscillates during operation, providing stable cost support. Downstream demand is average and often followed up on demand. Some companies are temporarily not shipping, coupled with good follow-up of chemical fiber orders last week, resulting in a decrease in factory low price quotations and a decrease in market low prices.

On the cost side, raw material pure benzene: The pure benzene market has seen a narrow rise, and crude oil futures have continued to rise in the early stage, providing some psychological support for on exchange transactions. Downstream customers are buying at low prices, and the pace of spot transactions is still acceptable. Negotiations are rising. As of December 18th, the benchmark price of pure benzene for Shengyishe is 6845.50 yuan/ton. In the cost composition of the traditional cyclohexanone process route, pure benzene accounts for 53%. The market trend of pure benzene directly affects the price trend of cyclohexanone, and the short-term cost of cyclohexanone is influenced by positive factors.

On the supply side, according to the commodity market analysis system of Business Society, the domestic production capacity of cyclohexanone is about 7.14 million tons, and the current operating load is about 60%, which is at a relatively low level. The main production enterprises have limited product supply due to equipment maintenance. The weekly average operating load of cyclohexanone is 62.86%, which is+0.92% higher than last week. The weekly production is 95300 tons, which is+01400 tons compared to last week.

On the demand side, cyclohexanone units are mainly equipped with downstream production of caprolactam, which is one of the main downstream sources of cyclohexanone. The caprolactam market first fell and then rose, with upstream pure benzene prices rebounding. The cost side stopping the decline has supported downstream confidence. Although the supply of caprolactam has increased, the trading atmosphere in the caprolactam market has improved due to low inventory in the early stage and high inventory levels remaining low. The demand for cyclohexanone is temporarily positive.

In the future market forecast, the raw material pure benzene market is expected to be strong and supported by consolidation, and downstream demand for cyclohexanone is expected to break through. Business Society cyclohexanone analysts predict that the domestic cyclohexanone market may recover and consolidate in the short term.