Prominent contradiction between supply and demand, cyclohexanone market continues to decline

After the Dragon Boat Festival, the production of caprolactam was reduced, the demand for chemical fiber was reduced, the supply of cyclohexanone was abundant, and the price center was gradually declining. According to the monitoring data of business news agency, as of June 21, the average price of domestic cyclohexanone market was 10260 yuan / ton, with a month on month decrease of 7.40% and a year-on-year increase of 57.85%.

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As of June 21, domestic cyclohexanone market summary:

Region, price

East China 10200-10300 yuan / ton in cash

South China 10500 yuan / ton cash delivery nearby, detailed discussion on the actual bill

Shandong Province 10000-10100 yuan / ton in cash

In terms of raw materials, Sinopec reduced the price of pure benzene by 150 yuan / ton, and implemented 7750 yuan / ton, which was implemented by all its refineries. The price is effective from June 11. Downstream, Sinopec’s high-end caprolactam price this week was stable at 14100 yuan / ton (liquid high-grade products were accepted in June).

The market of cyclohexanone is weak, the market supply has increased, and the manufacturers ship with them. As the downstream caprolactam plant shutdown maintenance is more concentrated, the demand for cyclohexanone is reduced, the supply of cyclohexanone is abundant, and the atmosphere in the site is empty. Cyclohexanone analysts of business community expect that the domestic market of cyclohexanone will continue to decline in the short term.

http://www.lubonchem.com/

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