1、 Price trend
According to data monitored by Shengyi Society, as of October 29th, the average price of industrial grade high-quality cyclohexane in China this week was 7833.33 yuan/ton, which remained stable compared to the same period last week. The price of cyclohexane remained strong this week, with manufacturers mainly offering discounts and taking orders. The shipment was active, downstream demand was still acceptable, inventory was slowly consumed, and overall market procurement enthusiasm was still acceptable.
2、 Market analysis
In terms of cost: Currently, the cost support for cyclohexane is insufficient, and the atmosphere of downstream on-site negotiations is light. Cyclohexane lacks favorable support, and downstream follow-up is slow, mainly focusing on essential procurement.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that there is insufficient momentum for the expected short-term increase in cyclohexane market prices.
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