First, the price trend

This week, the domestic cyclohexanone market continued to decline, according to business monitoring data, the average price of domestic cyclohexanone producers at the beginning of the week is 8800 yuan/ton, the weekend is 8333 yuan/ton, the decline of 5.3% in the week, the price is 30.56% lower than the same period last year.

II. Market Analysis Products: This week’s cyclohexanone market continued the weak decline, pure benzene market horizontal consolidation, cost surface has a certain support. Yesterday Jining BOC Parking maintenance, spot merchandise export volume decreased, but after the festival chemical fiber order demand continued to be poor, cyclohexanone manufacturers inventory showed growth trend. Weeks downstream Caprolactam Market first fell stable, some manufacturers procurement sentiment is OK, but the overall market is weak, coupled with cyclohexanone gap caprolactam manufacturers still have production lines in the parking maintenance stage, there is no demand for cyclohexanone for the time being, the solvent market is relatively cautious, wait and see the atmosphere is thicker,

The purchase of cyclohexanone may be difficult to boost the cyclohexanone market, and the overall demand for cyclohexanone has increased slightly. Industrial chain: raw materials, pure benzene, early Zhou Hanwha Total styrene device force majeure, to boost the price of styrene at the same time, the market demand for pure benzene in the aftermarket, East China Market center of gravity slightly receded. After that, styrene prices rose due to Hanwha force majeure, the promotion of pure benzene is limited, the price of pure benzene in the week did not follow the rise of styrene. At present, east China port to ship reduced, downstream delivery stability, port inventory dropped slightly to 235,000 tons. Caprolactam: Domestic caprolactam liquid spot market fell after the stabilization. Raw materials, pure benzene market recently basically in 4500 yuan/ton concussion, little impact on Caprolactam; The cyclohexanone market continued its decline, as demand decreased, the price of cyclohexanone gradually declined, the current large single price fell to 8000 yuan/ton near. Supply and demand, the early Zhou Caprolactam manufacturers inventory growth, prices continue to decline, downstream polymerization plant low-cost partial replenishment, caprolactam manufacturers inventory pressure slightly eased, the current factory price reduction will not be high. Downstream conventional spinning slicing market this week the atmosphere improved, manufacturers of conventional spinning section inventory decline, raw materials appropriate replenishment, CAPROLACTAM market to stop and stabilize.

As of Thursday, east China market caprolactam Liquid Source Price reference 12100-12300 yuan/ton, acceptance sent to; Northern Factory spot reference 11600 yuan/ton near, cash out of the factory.

Third, the forecast of the aftermarket Short-term cyclohexanone device BOC May 22 parking maintenance, planned for about 10 days; it is rumored that Rousey will stop at cyclohexanone tomorrow; Outside stock sales are expected to decrease next week, but the current manufacturer’s spot stock is too much. From the cost surface, pure benzene market horizontal consolidation, cost surface support is relatively stable. Demand surface, in the short term, Nanjing Oriental has no restart plan, Yong Rong cyclohexanone plant normal start, can basically meet the demand for caprolactam, in the short term Shenyuan the procurement of cyclohexanone is not clear. Overall, cyclohexanone spot supply and demand relatively balanced some, upstream and downstream game. Business community Cyclohexanone Analysts expect the next week’s cyclohexanone market to be vulnerable to finishing.