1.CYC role
Cyclohexanone is a widely used solvent for solvent extraction and cleaning in the chemical industries such as plastics, rubber, and paints.Purity is is greater than 99.9%.
2.Mainstream market price
The market price of cyclohexanone was stable in the last period. The spot price of pure benzene, a raw material, remained at a low level in the last trading session. However, as the weekend approached, the trading atmosphere in the market cooled down. Coupled with the reduction in market supply, manufacturers had a mindset of holding prices, which led to relatively stable prices in the last trading session.
3. Key factors influencing current market price changes
Cost: The listed price of Sinopec’s pure benzene has remained stable at 5,600 yuan per ton, while the cost of cyclohexanone is operating at a low level, which has a relatively heavy negative impact on the market.
Demand: The market sentiment is poor, the profit performance of downstream products is not good, and the prices remain weak. As a result, the essential demand for cyclohexanone has decreased, and the bargaining power has strengthened.
Supply: The industry’s operating rate is 57%. Due to the bottom-fishing actions in the early stage, the inventories of most enterprises are currently at a low level, indicating a certain intention to hold prices.
4. Trend prediction
The current operating load of the cyclohexanone industry is not high, so factories have the intention to hold prices high. However, the negative impact of weak demand is obvious, which leads to strong bargaining power in the downstream. Therefore, it is expected that the decline in the cyclohexanone market will narrow today.
Post time: May-12-2025