1、 Price trend

According to data monitored by Shengyi Society, as of July 25th, the average price of domestic industrial grade high-quality cyclohexane was 7266 yuan/ton. This week, the price of cyclohexane has risen narrowly, up 0.46% compared to the same period last week. Currently, cyclohexane holders have firm quotes, and the atmosphere of on-site negotiations is still acceptable. The trading market follows the market trend, with downstream markets mainly purchasing according to demand.
2、 Market analysis
In terms of market: Currently, the focus of negotiations in the domestic cyclohexane market is stable, and the operation of the equipment is normal with sufficient spot supply. Downstream essential procurement is the main focus, and the positive support from the supply side is not obvious. The mentality in the market is stable, and the operation is cautious with a wait-and-see attitude. The overall market negotiation focus is stable, with no pressure on factory shipments and considerable profits. The overall market is moving upwards.
Upstream: This week, the price of pure benzene in Shandong was around 5800-5900 yuan/ton, with a stable to strong trend. The market negotiations are focused on a high level, and the market mentality is positive. The overall price has increased more than decreased. Currently, downstream demand is still acceptable, shipments are smooth, and the market supply is sufficient without pressure. It is expected to maintain a strong trend in the short term, with limited price fluctuations.
Downstream: The downstream cyclohexanone market is operating steadily, with normal production of equipment. Supply in Inner Mongolia has decreased, and there is limited room for growth. The domestic cyclohexanone price reference is around 7400 yuan/ton. The overall market purchasing enthusiasm is not good, and the sentiment is low. It is expected to maintain the current trend in the short term.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the current demand for cyclohexane in the market is average, and there is a lack of upstream support. It is expected that the cyclohexane market will remain stable in the short term.