In July, the domestic cyclohexanone market continued to decline. According to the monitoring data of business agency, the average market price of domestic cyclohexanone at the beginning of the month was 11016 yuan / ton, and at the end of the month (as of July 28), the average market price of domestic cyclohexanone was 10180 yuan / ton, with a decrease of 7.59% in the month and 2.49% year-on-year.

 

PVA 1799 (PVA BF17)

In early July, driven by the high price of raw material pure benzene, the cyclohexanone market can still maintain a small upward trend. With the downward consolidation of pure benzene price, weak downstream demand and abundant supply, the cyclohexanone market fell all the way, which was difficult to boost.

 

At the beginning of the month, domestic cyclohexanone fell first and then rose, and the market rebounded in a narrow range. The raw material pure benzene fluctuates at a high level, and the cost is relatively stable. In the early stage, the pressure of cyclohexanone shipment was too high, and the price continued to fall. With the restart of the downstream Lunan caprolactam plant, the self use of cyclohexanone increased, and the supply of commodities decreased. The downstream chemical fiber just needed to follow up. Coupled with the loss of cyclohexanone, cyclohexanone stopped falling and rebounded.

 

In the middle of August, the domestic cyclohexanone market was depressed, the raw material pure benzene market was weak and fell, and the cost of cyclohexanone was lack of support. In the cyclohexanone market, the overall supply and demand are weak, and the downstream is more rigid, which needs to be followed up.

 

In late August, the domestic cyclohexanone market was weak and volatile, the raw material pure benzene was weak and fell, and the cost side lacked support. The downstream caprolactam market was weak, with general purchasing sentiment. Under the pressure of cyclohexanone shipment, it weakened in a narrow range.

 

At the end of the month, the domestic cyclohexanone market fell first and then stabilized. Although the price of raw material pure benzene was high, the supply increased, the market supply was abundant, the industry mentality was depressed, and the price fell sharply.

 

Summary of domestic cyclohexanone market as of July 28:

 

Region, price

East China, 10500-10600 yuan / ton, cash delivery

South China, 10600-10700 yuan / ton, cash delivery

Shandong region, 10200-10300 yuan / ton, cash delivery

Raw material pure benzene: international crude oil fell after rising, and the market price trend of domestic pure benzene was divided. The overall spot supply of pure benzene market is small, and the spot price in East China market has continued to rise.

 

PVA

Downstream caprolactam: the spot price of caprolactam fell, the downstream demand side continued to be weak, and the caprolactam market mentality was empty.

 

According to the price monitoring of the business club, in the first half of 2022 (1.1-6.30), 136 commodities rose month on month in the list of bulk commodity prices, mainly in the chemical sector (64 in total) and the agricultural and sideline sector (16 in total), and commodities with an increase of more than 5% were mainly in the chemical sector; The top three commodities were butadiene (152.15%), lithium hydroxide (118.46%) and sulfur (89.80%). A total of 95 commodities fell month on month, concentrated in chemical industry (43 in total) and steel (15 in total), and commodities with a decline of more than 5% were mainly concentrated in the chemical industry sector; The commodities with the top three declines were electrolytic manganese (-57.47%), magnesium (-46.60%) and glycine (-45.71%). In this half year, the average increase and decrease was 6.53%.

 

Pure benzene fluctuated at a high level, downstream demand deviated, and cyclohexanone shipment resistance was large. Cyclohexanone analysts at business agency predicted that the short-term cyclohexanone market would still fall.

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