The cyclohexane market remained stable this week (9.13-9.20)

1、 Price trend

 

Thiourea

According to data monitored by Shengyi Society, as of September 20th, the average price of industrial grade high-quality cyclohexane in China this week was 7833.33 yuan/ton. The price of cyclohexane remained stable this week, with downstream demand falling short of expectations. The overall market shipment was slow, inventory remained high, and downstream purchases were mainly for essential needs. Many operators adopted a cautious and wait-and-see attitude.

 

2、 Market analysis

 

In terms of cost, the pure benzene market has been mainly weak this week. Yesterday, the price delivery mentality was positive, with a narrow downward trend. As of now, the upstream pure benzene price has slightly rebounded, with a narrow upward trend. Dongying Fuhaiweilian Petrochemical’s pure benzene price has been raised by 20 yuan, with a price of 8413 yuan/ton.

 

3、 Future forecast

 

The cyclohexane analyst from Shengyi Society believes that it is expected that the market price of cyclohexane will maintain its current trend in the short term, and the price will mainly operate steadily.

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