1、 Price trend
According to data monitored by Shengyi Society, as of March 20th, the average price of industrial grade high-quality cyclohexane in China was 7600 yuan/ton. The cyclohexane market is mainly balanced in supply and demand, with insufficient downstream demand and a narrow and weak overall market operation. Currently, the mainstream market price remains at around 7700 yuan/ton.
2、 Market analysis
In terms of cost, the upstream cost side lacks support for cyclohexane, and downstream demand is insufficient. Currently, the overall market shipment is slow, and the upstream pure benzene market is mainly stable. In the short term, the pure benzene market is operating in a range of consolidation.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the upstream cost support is poor and downstream demand is insufficient. It is expected that the cyclohexane market will remain stable in the short term.
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