According to the Commodity Market Analysis System of Shengyi Society, on February 21st, the reference price of cyclohexanone in the domestic market in Shandong was 9175 yuan/ton. Compared with February 15th, the reference price of cyclohexanone in the domestic market was 9200 yuan/ton, with a price reduction of 25 yuan/ton, a decrease of 0.27%.

From the Commodity Market Analysis System of Shengyi Society, it can be seen that this week (2.15-2.21), the overall market situation of cyclohexanone in Shandong Province, China, has experienced a narrow downward trend. At the beginning of the week, the cyclohexanone market remained stable, with decent support on the cost side and a relatively stable supply side. Downstream demand for essential purchases led to the consolidation and operation of the cyclohexanone market. As the weekend approaches, downstream demand is gradually slowing down, and some cyclohexanone factories have reduced their cyclohexanone shipment prices by 50-100 yuan/ton to maintain low inventory levels. On February 21st, the market price of cyclohexanone in Shandong, China was around 9150-9400 yuan/ton.

Cost wise: This week, the cost side raw material pure benzene fluctuated at a high level, providing stable cost support for cyclohexanone. On February 21st, the reference price of pure benzene was 7829 yuan/ton, an increase of 3.66% compared to February 1st (7553 yuan/ton).

Market analysis in the future

At present, most of the on-site inquiries for cyclohexanone are for essential purchases, and the mentality of the industry is average. The transmission between supply and demand is weak and constant. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the domestic cyclohexanone market in Shandong will mainly adjust and operate in a narrow range, and the specific trend still needs to pay more attention to the changes in supply and demand news.