Weak fluctuations in the cyclohexanone market

According to the Commodity Market Analysis System of Shengyishe, from November 27th to December 4th, the average price of cyclohexanone in the domestic market dropped from 9425 yuan/ton to 9368 yuan/ton, a decrease of 0.60% during the cycle, with a month on month decrease of 0.86% and a year-on-year increase of 0.74%. The raw material pure benzene has weakened and declined. Sinopec has lowered its listing to 7200 yuan/ton, with a weaker cost side. Downstream chemical fibers and solvents are purchased on demand, and the spot supply of cyclohexanone is not high. However, under the resistance of high price shipments, some companies have lowered their prices, and the transaction center of the cyclohexanone market has fallen.

 

gamma polyglutamic acid fertiliser(fertilizer) grade

On the cost side, raw material pure benzene: The pure benzene market continues to decline, and inventory in East China ports continues to accumulate, making it difficult to provide positive support for market negotiations. As of December 4th, the benchmark price of pure benzene for Shengyishe is 6992.17 yuan/ton. In the cost composition of the traditional cyclohexanone process route, pure benzene accounts for 53%. The market trend of pure benzene directly affects the price trend of cyclohexanone, and the short-term cost of cyclohexanone is affected by negative factors.

 

On the supply side, according to the commodity market analysis system of Business Society, the domestic production capacity of cyclohexanone is about 6.55 million tons, and the current operating load is about 60%, which is at a relatively low level. The main production enterprises have limited product supply due to equipment maintenance. The weekly average operating load of cyclohexanone is 64.33%, which is+0.22% higher than last week. The weekly production is 89400 tons, which is+0.08 million tons compared to last week.

 

Gamma Polyglutamic Acid

On the demand side, cyclohexanone units are mainly equipped with downstream production of caprolactam, which is one of the main downstream sources of cyclohexanone. The market price of caprolactam has fallen, and the upstream pure benzene price has continued to decline. In addition, the cost is weak, and some caprolactam units have returned to normal. The tight supply situation has been alleviated, and the atmosphere in the caprolactam market has weakened. The demand side for cyclohexanone is temporarily bearish.

 

According to future market forecasts, the raw material pure benzene is expected to experience weak fluctuations, with a lack of cost support. The spot supply and demand of cyclohexanone are both low. Business Society cyclohexanone analysts predict that in the short term, the domestic cyclohexanone market situation will be mainly wait-and-see consolidation.

http://www.gammapolyglutamicacid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>