Downstream demand is weak, and the driving force for cyclohexane price increase is insufficient

1、 Price trend

 

According to data monitored by Business Society, as of February 18th, the average price of domestic industrial grade high-quality cyclohexane was 7766.67 yuan/ton, and the cyclohexane price remained stable. Currently, the mainstream market price remains at around 7800 yuan/ton.

 

2、 Market analysis

 

In terms of cost, there is insufficient support from the upstream cost side and excessive inventory pressure. Currently, there is a boost in some equipment news in the pure benzene market, and short-term consolidation of the pure benzene range in East China.

 

3、 Future forecast

 

The cyclohexane analyst from Shengyi Society believes that due to downstream demand procurement and insufficient cost support, it is expected that the cyclohexane market will remain stable in the short term.

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