According to the monitoring of the Business Agency, the domestic cyclohexanone market is stable and wait-and-see. From March 6 to 10, the average market price of cyclohexanone in China remained at 9516 yuan/ton, with a month-on-month drop of 0.87% and a year-on-year drop of 18.43%. The raw material pure benzene is relatively strong, and the cost support is good. At the same time, some cyclohexanone shipments are reduced, and the supply is good, but the terminal demand is weak. The downstream chemical fiber just needs to follow up, and the transaction is average.

In terms of cost, the domestic market price of pure benzene has risen, and Sinopec’s pure benzene has been listed twice for an increase of 200 yuan/ton. The spot transaction in East China was 7280-7320 yuan/ton. The price of Shandong Refinery was 7220-7260 yuan/ton.

In terms of supply, the market is relatively abundant at present. The supply side of cyclohexanone in the short term is difficult to have positive factors.

On the demand side, the price of caprolactam was basically stable, and the upstream pure benzene market maintained a rising trend. However, the overall supply of caprolactam is slightly loose, and the market atmosphere is relatively cautious. The downstream polymerization plants basically maintain the pace of on-demand procurement, and the spot transaction of caprolactam is stable. The demand for cyclohexanone has not changed significantly.

According to the future forecast, the supply of commodity volume in the market is small and the terminal demand is weak. The cyclohexanone analyst of the business agency predicted that the short-term domestic cyclohexanone market was dominated by fluctuations.