1、 Price trend

According to data monitored by Shengyi Society, as of December 27th, the average price of domestic industrial grade high-quality cyclohexane was 7766.67 yuan/ton. This week, the cyclohexane market has remained stable with no significant price changes. Currently, the market transaction price remains at around 7800 yuan/ton. The overall market supply and demand of cyclohexane this week are balanced, and the price remains stable compared to the same period last week. Currently, there is sufficient spot supply of cyclohexane, and manufacturers mainly offer discounts and place orders.

2、 Market analysis

In terms of cost: This week, the upstream pure benzene has been operating narrowly and weakly, with a significant decline in prices. Downstream demand has decreased, and the operating rate has decreased this week. Inventory has been running at a high level, with a small amount of backlog. The sentiment of holders still exists, and the current trend will be maintained in the short term, with weak operation being the main focus.

Downstream: The price of downstream caprolactam is weak and declining, with average support from raw material costs. Currently, the caprolactam plant is operating normally, inventory remains high, and downstream purchasing willingness is not high. The overall market trading atmosphere is insufficient, and there is a lack of momentum for recent price increases.

3、 Future forecast

The cyclohexane analyst from Shengyi Society believes that currently, the upstream cost support for cyclohexane is insufficient, coupled with insufficient downstream demand. In the short term, the upward momentum of cyclohexane is insufficient, and the price will maintain its current trend, mainly operating in a narrow and weak range.