1、 Price trend
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According to data monitored by Shengyi Society, as of May 16th, the average price of domestic industrial grade high-quality cyclohexane was 7600 yuan/ton, with downstream market demand mainly for essential purchases, and the mainstream market price was around 7500 yuan/ton.
2、 Market analysis
On the demand side, downstream demand is weak, the purchasing atmosphere is insufficient, and inventory pressure still exists. On the export side, there are currently no significant incremental orders, mainly contract customers, and the number of new orders is limited.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the cyclohexane market is currently maintaining its current trend, with a moderate downstream purchasing atmosphere and an overall market supply-demand balance, resulting in insufficient upward momentum for prices.
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