1、 Price trend

According to data monitored by Shengyi Society, as of July 30th, the average price of domestic industrial grade high-quality cyclohexane was 7266 yuan/ton. In July, cyclohexane prices were running narrowly and weakly, with a price increase of 0.46% compared to the same period last month. Currently, cyclohexane holders have firm quotations, and the atmosphere of on-site negotiations is still acceptable. The trading market follows the market trend, and downstream markets mainly purchase according to demand.
2、 Market analysis
In terms of the market, the cyclohexane market operated narrowly and weakly in July, with a small range of price fluctuations. Currently, the focus of negotiations in the domestic cyclohexane market is stable, and the operation of equipment is normal, with sufficient spot supply and downstream essential procurement as the main focus. The positive support from the supply side is not obvious, and the internal state of the market is stable, with cautious operations and a wait-and-see attitude. The overall market negotiation focus is stable, with no pressure on factory shipments and considerable profits. The overall market is moving upward.
Upstream: In July, the pure benzene market operated steadily, with prices in Shandong ranging from 5800 to 5900 yuan/ton. The market negotiations were focused on a high level, and the market sentiment was positive. Overall prices increased more or decreased less. Currently, downstream demand is still acceptable, shipments are smooth, and the market supply is sufficient without pressure. It is expected to maintain a strong trend in the short term, with limited price fluctuations.
Downstream: As of July 30th, the low price of cyclohexanone in the East China market has decreased, and downstream demand is average. The market has a narrow upward trend, with a reference price of 7400 yuan/ton in the East China market. The production of equipment is normal, and the supply in Inner Mongolia has decreased, with limited room for increase. The domestic cyclohexanone price reference is around 7400 yuan/ton. The overall market purchasing enthusiasm is not good, and the sentiment is low. The cyclohexanone in the South China market is consolidating and operating, and downstream purchases are made according to demand. The market spot supply is stable.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the current demand for cyclohexane in the market is average, and there is a lack of upstream support. It is expected that the cyclohexane market will remain stable in the short term.