According to data monitored by Business Society, as of March 15th, the average price of industrial grade premium cyclohexane in China was 7033.33 yuan/ton. This week, the price of cyclohexane has remained stable, with no significant changes compared to the same period last week. Currently, the support for raw material cost prices is insufficient, and there are not enough favorable factors. The cyclohexane market is mainly stable in the short term.
This week, the market price of cyclohexane remained stable, with the mainstream price currently around 7000 yuan/ton. The support for raw material costs is insufficient, and the support for cyclohexane market costs is weak. The downstream negotiation atmosphere is cold, and the trading atmosphere is cold. Currently, there are not many inquiries on the market, mainly small orders, and the cyclohexane market is slowly consuming inventory.
Chemical index: On March 14th, the chemical index was 860 points, unchanged from yesterday, a decrease of 38.57% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 43.81% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 present).
Business Society’s cyclohexane analyst believes that in the short term, the cyclohexane market is mainly stable, with weak cost support and unclear upward momentum.
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