The domestic market of cyclohexanone rose first and then fell, and rose generally. According to the monitoring data of business agency, the average price of domestic cyclohexanone producers at the beginning of the month was 5980 yuan / ton, and the average price of domestic cyclohexanone producers was 6125 yuan / ton at the end of the month, with an increase of 2.42%. The highest price was 6857 yuan / ton on June 13, with the maximum amplitude of 10.16% in the month. The price fell by 23.12% compared with the same period last year.

In June, cyclohexanone market rose first and then fell. In the first half of the month, the market of cyclohexanone rose steadily. The Shandong factory rose to 6800 yuan / T in the middle of the month. The main reason was that the spot supply of caprolactam was tight, the price continued to push up, and the centralized extraction of cyclohexanone. In addition, Sinopec raised the listing price of pure benzene for many times, and the spot price in East China market rose, forming a good support for cyclohexanone. In the second half of the month, with the conflict between the polymerization plant and the high price caprolactam, the supply of caprolactam was eased, and the quantity of cyclohexanone purchased from abroad was also greatly reduced. The shipment of cyclohexanone factory was blocked, the inventory pressure was increasing, and the supply exceeded the demand. The pessimistic atmosphere in the field was aggravated, and the price kept falling.

In terms of raw materials, pure benzene: the price of pure benzene in East China rose first and then fell. In the first half of this month, the price rose due to the rise of crude oil. In the second half of the month, the pressure of port delivery appeared, which suppressed the softening of spot price.

Caprolactam: the caprolactam market rose first and then fell in June, with a slight increase as a whole. In the first half of the month, caprolactam cost and supply side support were sufficient. At the end of the month, the pressure on the demand side was gradually transmitted to caprolactam. The inventory of terminal grey fabric increased to around 50 days, and the inventory of spinning link increased to more than 30 days. The pressure of polymerization inventory also began to increase, and the pressure of caprolactam demand appeared.

Adipic acid: the domestic adipic acid market showed a trend of rising in the first half of this month and falling in the second half of this month. With no obvious change in demand, it mainly follows the fluctuation of raw material pure benzene.

According to the price monitoring of business agency, in June 2020, there were 40 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, of which 18 commodities increased by more than 5%, accounting for 20% of the total number of commodities monitored in this plate; the top three commodities were hydrogen peroxide (32.19%), ethylene (24.98%) and sulfur (24.05%). There were 43 kinds of commodities with a decrease of more than 5%, accounting for 17.8% of the total number of monitored commodities in the sector; the top three products were butadiene (- 16.51%), chloroform (- 13.04%) and acetic anhydride (- 12.50%). This month, the average rise and fall was 0.97%.

On the cost side, as it is expected that the pure benzene will be difficult to be removed from the warehouse in July, the port pressure will continue to exist, and the industry believes that there is still room for the price of pure benzene to decline. From the supply side, Fengxi plant of Yangquan coal company is planned to restart in July, and a small amount of Hongda in Shandong Province is exported. Although Jiangsu Haili has a plan to restart cyclohexanone, it is uncertain whether there will be external sales. All units are in normal operation, and the spot supply is expected to increase. From the perspective of demand, the price of phenol is still higher than that of cyclohexanone, and the preparation of cyclohexanone from phenol still has no advantage, and it is expected that there is still demand for cyclohexanone, The end market demand has not improved significantly, caprolactam spot pressure may further increase, and the overall output is not optimistic. On the whole, supply may exceed demand in July. Cyclohexanone analysts from the business community predict that the domestic cyclohexanone market will be weak and pay attention to the external procurement of chemical fiber market.