According to the Commodity Market Analysis System of Shengyi Society, on November 27th, the domestic cyclohexanone market price reference was 8912 yuan/ton. On November 1st, the domestic cyclohexanone market price reference was 8837 yuan/ton, with a price increase of 75 yuan/ton, an increase of 0.85%.

From the Commodity Market Analysis System of Shengyi Society, it can be seen that since November, the domestic cyclohexanone market has shown an overall trend of “first falling and then rising”. In the first ten days, the cyclohexanone market showed a downward trend, with a light trading atmosphere in the cyclohexanone market and poor downstream demand performance. There was insufficient positive support in the market, and the focus of cyclohexanone continued to move towards a lower level. On November 8th, cyclohexanone fell to the lowest point of the month, with a price reference of 8400 yuan/ton, a decrease of 4.95% in the first half of the month.

In the mid stage, as the cost situation rises, the support from the cost side for cyclohexanone gradually increases. However, the overall transmission of demand is still average, and the cyclohexanone market has stopped falling and stabilized, operating in a consolidation.

In the later stage, the cost side market continued to provide support for cyclohexanone, and the spot supply of cyclohexanone in the market was tight. The low-priced supply in the market gradually decreased, and the market situation rose at a low level. The market started to recover and the market center continued to rise. On November 27th, the domestic cyclohexanone market reference was around 8800-9100 yuan/ton.

Upstream: Since October 1st, the market for pure benzene in the upstream of cyclohexanone has shown an overall upward trend. As of November 26th, the reference price for pure benzene was 7371.33 yuan/ton, an increase of 3.68% compared to November 1st (7109.67 yuan/ton).

Market analysis in the future

At present, the cost side market plays a certain supporting role in the cyclohexanone market price, and the downstream market maintains a strong demand for essential goods. Some cyclohexanone factories have little inventory pressure. The cyclohexanone data analyst from Shengyi Society believes that the short-term cyclohexanone market will mainly rise in price, and the specific trend still needs to pay more attention to changes in supply and demand news.