1、 Price trend

According to data monitored by Shengyi Society, as of July 26th, the average price of industrial grade high-quality cyclohexane in China was 7966.67 yuan/ton. This week, the price of cyclohexane remained weak and stable, while downstream demand was average, resulting in a narrow decline of 2.05% in price. Currently, the cyclohexane market inventory is running at a high level, with downstream purchases mainly focused on essential needs.

2、 Market analysis

In terms of cost, the upstream pure benzene market has experienced a narrow decline, and the current spot market price is difficult to boost, which has dragged down confidence in the pure benzene market and a poor market mentality. Currently, the supply side will gradually return in August, and the operating load will remain high, resulting in a poor overall market trading atmosphere.

3、 Future forecast

The cyclohexane analyst from Shengyi Society believes that the short-term cyclohexane market price is expected to remain stable with a weak trend. Currently, the upstream cost support is average, and downstream demand is weak. The mainstream price range for cyclohexane is 8000 yuan/ton.