According to the monitoring data of business agency, from February 18 to 25, the average market price of cyclohexanone in China fell from 12033 yuan / ton to 10833 yuan / ton, with a decrease of 9.97% in the week, a month on month increase of 9.75% and a year-on-year increase of 6.56%.

The domestic cyclohexanone market fell significantly this week, the raw material pure benzene rose in a narrow range, and the cost support was stable. However, in terms of supply and demand, some enterprises have reduced the production or maintenance of caprolactam units, increased the supply of cyclohexanone, and the market supply is quite abundant. Although some caprolactam factories have purchased one after another, the oversupply of goods in the market is still obvious. Under the pressure of shipment, the factory actively makes profit and ships, and the focus of transaction continues to decline.

Summary of domestic cyclohexanone market as of February 25:

region ., Price

East China . 11000-11200 yuan / ton vehicle cash delivery

South China . 11400-11500 yuan / ton cash delivery

Shandong region . 10800-11000 yuan / ton

Raw material pure benzene: the price of pure benzene rose. As of the afternoon of the 24th, the mainstream negotiation in East China was 8050 yuan / ton, up 330 yuan / ton from last Friday. Driven by the sharp rise of crude oil, the spot of East China pure benzene quickly followed up to 8050 yuan / ton. The market offer was active and the transaction volume was large.

Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business agency:

Downstream caprolactam: the caprolactam market is weak. Recently, the cost deviates from the fundamentals of supply and demand, and the price of caprolactam continues to decline under supply pressure. The cost of caprolactam rose again, and the price of caprolactam stopped falling when the loss increased. In addition, crude oil rose sharply under the influence of the situation in Russia and Ukraine, and the caprolactam market stayed on the sidelines.

Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business society:

Cyclohexanone is still in the situation of oversupply, but pure benzene is strongly supported, and the profit space of cyclohexanone is small. It is expected that the cyclohexanone market will be weak in the short term, with limited room for decline. The cyclohexanone analyst of business society predicts that the short-term cyclohexanone market is dominated by weak consolidation.