According to the monitoring of the business community, the domestic market of cyclohexanone is in a stalemate. From December 9 to 16, the average price of domestic cyclohexanone market fell from 9200 yuan/ton to 919 yuan/ton, a decrease of 0.11%. The price fell 4.27% month on month and 10.78% year on year. The raw material pure benzene operates under shock, and the cost is relatively stable. The production enterprises have relatively stable plant start-up and stable market supply. Downstream chemical fiber steel needs to follow up, and the market transaction atmosphere is general.

On the cost side, the price of domestic pure benzene market fluctuated and fell. East China spot traded at 6440-6530 yuan/ton, and Shandong market traded at 6500-6600 yuan/ton. The fundamentals of pure benzene improved, and the market panic eased after new supply. Imports to ships remained high, and the port inventory continued to accumulate. The cost of cyclohexanone is hardly favorable.

On the supply side, the current market is relatively abundant. There are positive factors in the supply of cyclohexanone in the short term.

On the demand side, the market price of caprolactam, the main downstream product of cyclohexanone, has risen slightly. Recently, the price of pure benzene has stabilized and consolidated. In the early stage of downstream PA6 slicing, the low price trading atmosphere has improved slightly. The raw materials of polymerization plants are replenished as needed. The seller’s quotation in the caprolactam market has risen and the low price has decreased, and the price center has risen. Caprolactam supply is expected to increase, while demand has not actually improved. The demand side of cyclohexanone is hardly favorable.

The future forecast shows that the cost support is stable, the supply side increases slightly, and the downstream chemical fiber may maintain rigid demand. The cyclohexanone analysts of the business community expected that the short-term domestic cyclohexanone market would be mainly organized.