According to data monitored by Business Society, as of January 31st, the average price of industrial grade premium cyclohexane in China was 7000 yuan/ton. In January, the cyclohexane market saw a narrow decline, with a decrease of 1.64%, around 100 yuan/ton. Currently, the overall market supply and demand are balanced, and the market negotiation atmosphere is average.

In January, the market price of cyclohexane slightly declined, with mainstream prices around 7000 yuan/ton. The overall price of cyclohexane in January fell by 1.64%, and mainstream manufacturers maintained a price range of around 7000 yuan/ton. The upstream cost side was not supported enough, and downstream demand was limited, with on-demand procurement being the main focus. The overall market transaction atmosphere was cold, with enterprise quotations of 7400 yuan/ton for Jiangsu Runfeng Synthetic Technology Co., Ltd., 6800 yuan/ton for Nantong Runfeng Petrochemical Co., Ltd., and 7500 yuan/ton for Liaocheng Yuanze Chemical Products Co., Ltd.

Chemical index: On February 1st, the chemical index was 866 points, a decrease of 1 point from yesterday, a decrease of 38.14% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 44.82% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to 2011-12-01 present)

Business Society’s cyclohexane analyst believes that in the short term, the cyclohexane market is mainly strong, with price fluctuations around 7100-7300 yuan/ton.