According to the Commodity Market Analysis System of Shengyi Society, on December 20th, the domestic cyclohexanone market price reference was 9000 yuan/ton. On December 15th, the domestic cyclohexanone market price reference was 9125 yuan/ton, with a price increase of 125 yuan/ton, a decrease of 1.37%.

From the commodity market analysis system of Shengyi Society, it can be seen that this week (12.15-12.20), the domestic cyclohexanone market has been weak and declining. In the first ten days, the cyclohexanone market gradually rose, with a decrease in low-priced supply and a high market price. Entering this week, the cyclohexanone market has fallen from a high level, and the market focus continues to decline. As of December 20th, the domestic cyclohexanone market price in Shandong is around 9000 yuan/ton, and the cyclohexanone market price in South China is around 9250 yuan/ton.

On the demand side: Currently, downstream users of cyclohexanone are showing a decrease in purchasing enthusiasm, and are gradually becoming resistant to high priced goods. The overall market transmission is slow, and the support provided by the demand side for cyclohexanone is loose.

Supply side: Currently, the tight supply situation in the cyclohexanone field has eased, and the transmission from the supply side has slowed down, providing weak support to the market.

In terms of cost: Currently, the market for pure benzene on the raw material side has slightly weakened, and the cost support for cyclohexanone has also weakened compared to the previous period.

In terms of upstream pure benzene: On December 19th, the reference price of pure benzene was 7556.33 yuan/ton, an increase of 2.98% compared to December 1st (7338 yuan/ton).

Market analysis in the future

At present, the overall trading atmosphere in the domestic cyclohexanone market is light, and there is a certain wait-and-see sentiment in the market. The market is weak and consolidating. The cyclohexanone data analyst from Business Society believes that in the short term, the domestic cyclohexanone market will mainly adjust and operate in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.