According to the Commodity Market Analysis System of Shengyi Society, on October 25th, the domestic cyclohexanone market price reference was 9087 yuan/ton. On October 1st, the domestic cyclohexanone market price reference was 9412 yuan/ton, with a price reduction of 325 yuan/ton, a decrease of 3.45%.

From the Commodity Market Analysis System of Shengyi Society, it can be seen that from October to present (10.1-10.25), the domestic cyclohexanone market has shown an overall trend of “rising first and then falling”. Returning from the National Day holiday, the downstream of cyclohexanone has experienced a phase of small stocking. Downstream demand has provided market support, and the supply side has also remained stable. With the support of supply and demand, the cyclohexanone market has continued to rise. On October 9th, the cyclohexanone market rose to a high point of the month, with a price reference of around 9600 yuan/ton.

However, with the downstream demand for cyclohexanone returning to calm and the raw material market falling, the support from the supply and demand sides for cyclohexanone has loosened, and the market situation has quickly begun to decline at a high level. In the latter half of the year, there is still insufficient positive news in the cyclohexanone market, and the focus of market negotiations continues to shift downwards. As the end of the month approaches, the cyclohexanone market has stopped falling and stabilized. As of October 25th, the domestic cyclohexanone market price in Shandong region is around 9050-9100 yuan/ton.

Market analysis in the future

At present, the overall supply and demand performance of cyclohexanone is weak and stable, with market consolidation and operation as the main focus. The cyclohexanone data analyst from Business Society predicts that in the short term, the domestic cyclohexanone market will mainly operate with large stability and small movements, and the specific trend still needs to pay more attention to changes in supply and demand news.