Good supply and demand, the cyclohexanone market in Shandong is rising and running

According to the Commodity Market Analysis System of Shengyi Society, on February 14th, the reference price of cyclohexanone in the domestic market in Shandong was 9200 yuan/ton. Compared with February 9th, the reference price of cyclohexanone in the domestic market was 9062 yuan/ton, the price has increased by 138 yuan/ton, an increase of 1.52%.

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From the Commodity Market Analysis System of Shengyi Society, it can be seen that this week, the overall market situation of cyclohexanone in Shandong Province, China, has been stable and rising. During the week, the overall focus of the cyclohexanone market shifted upwards, with low prices gradually decreasing and the gap between high and low prices narrowing. As of February 14th, the reference price for cyclohexanone market in Shandong Province is around 9150-9350 yuan/ton.

 

In terms of supply and demand: After the holiday, the cyclohexanone market in Shandong Province is gradually recovering and operating. As we enter this week, the market situation continues to be positive, with some equipment undergoing maintenance and overall supply being tight in the market. The pressure on the supply side is relatively small, and spot inventory is available. Downstream solvent and chemical fiber markets require essential procurement, with good transmission between supply and demand.

 

Cost wise: This week, the cost side raw material pure benzene has risen, providing stable cost support for cyclohexanone. On February 13th, the reference price of pure benzene was 7801.33 yuan/ton, an increase of 3.29% compared to February 1st (7553.00 yuan/ton).

 

Market analysis in the future

 

At present, the trading atmosphere in the cyclohexanone market is mild, and the mentality of the industry is good. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the domestic cyclohexanone market in Shandong will mainly operate with large stability and small movements, and the specific trend still needs to pay more attention to changes in supply and demand news.

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