1、 Price trend

According to data monitored by Shengyi Society, as of August 25th, the average price of industrial grade high-quality cyclohexane in China is currently 7266 yuan/ton, with limited cost support and weak downstream demand for cyclohexane. There is insufficient room for price increases, and traders are cautious in their operations, with little willingness to hoard.
2、 Market analysis
Market wise: Currently, the cyclohexane market is mainly operating steadily, with cautious downstream operations and poor cost support. Downstream hoarding intentions are not strong, customer operations are cautious, and downstream essential purchases are the main focus. Currently, there is sufficient spot supply, slow shipments, and a stable on-site mentality with a wait-and-see attitude. The overall market negotiation focus is stable, factory shipments are not under pressure, and profits are still considerable. The overall market is moving upwards, and it is expected to maintain the current trend in the short term.
Upstream aspect: Upstream prices remain stable, but cost support is not significant. The overall market has a strong wait-and-see attitude, cautious operations, smooth overall market shipments, normal downstream shipments, and smooth logistics. Most of the shipments are based on cooperative orders, with limited new orders and sufficient market supply without pressure. It is expected to maintain a strong trend in the short term, with limited new customer orders.
Downstream: Currently, downstream demand is average and the market is running steadily. The cyclohexanone plant is producing normally, but the supply in Inner Mongolia has decreased, with limited room for growth. The overall market purchasing enthusiasm is not good, and the sentiment is low. The cyclohexanone market in South China is consolidating and operating, and downstream purchases are made according to demand, resulting in stable spot supply in the market.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the current demand in the cyclohexane market is average, downstream demand is weak, upstream cost support is poor, and the driving force for price increases is insufficient. It is expected that the cyclohexane market will remain stable in the short term.