Source: Jintou.com
According to the monitoring data of the Business Association, from October 31 to November 4, the average domestic market price of cyclohexanone fell from 9,760 yuan / ton to 9,680 yuan / ton, a decrease of 0.82% within the week, one month after. a month-on-month decrease of 2.22%, and a year-on-year decrease of 15.09%.
In terms of raw materials, Sinopec’s pure benzene list has been reduced twice by a total of 450 yuan / ton to 7200 yuan / ton, and the cost does not have support. At the same time, Luxi cyclohexanone was exported in the early stage, and the supply increased, however, the downstream demand was weak, and the transportation resistance was relatively large, and the market price of cyclohexanone fell.
Raw material pure benzene: The domestic pure benzene market price continued to fall, and Sinopec pure benzene was listed twice down from a total of 450 yuan/ton to 7200 yuan/ton. The spot transaction in East China is 6800-7380 yuan / ton, and the Shandong market price is 7000-7480 yuan / ton.
Caprolactam downstream: Caprolactam prices fell sharply. Due to the recent rapid decline in the price of pure benzene, the negative cost side, together with slow sales and the decline in the price of downstream PA6 chips, the caprolactam market mentality has turned blank, and the spot price has fallen.
The supply of pure benzene has increased and is expected to decrease. Downstream caprolactam fundamentals are bearish, and enthusiasm for external mining is expected to be general. The business company’s cyclohexanone analyst expects the short-term cyclohexanone market to be mostly resolved.
(Article source: Business Club)
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