According to the Commodity Market Analysis System of Business Society, from December 15th to 22nd, the average price of cyclohexanone in the domestic market increased from 9325 yuan/ton to 9375 yuan/ton, with a price increase of 0.54% during the cycle, a month on month decrease of 0.53%, and a year-on-year increase of 2.12%. The domestic price of cyclohexanone is relatively strong, and the raw material pure benzene market is rising, forming good cost support. The spot supply of cyclohexanone has slightly decreased, with downstream companies following up on demand. Driven by cost and supply factors, the market is actively exploring an increase.

On the cost side, pure benzene is the main raw material in the pure benzene market. International crude oil futures have continued to rise, providing positive support to the domestic pure benzene market in terms of mentality. Downstream styrene has seen a significant increase, and some downstream units have been put into operation as scheduled, resulting in a slight increase in demand compared to the previous period. As of December 22, the benchmark price of pure benzene for Shengyishe is 7068.83 yuan/ton. In the cost composition of the traditional cyclohexanone process route, pure benzene accounts for 53%. The market trend of pure benzene directly affects the price trend of cyclohexanone, and the short-term cost of cyclohexanone is influenced by positive factors.

On the supply side, according to the commodity market analysis system of Business Society, the domestic production capacity of cyclohexanone is about 7.14 million tons, and the current operating load is about 60%, which is at a relatively low level. The main production enterprises have limited product supply due to equipment maintenance. The weekly average operating load of cyclohexanone is 62.07%, which is -0.79% higher than last week. The weekly production is 94100 tons, which is -0.12 million tons compared to last week. The supply of cyclohexanone is influenced by favorable factors.

On the demand side, cyclohexanone units are mainly equipped with downstream production of caprolactam, which is one of the main downstream sources of cyclohexanone. The price of caprolactam in the market has risen, mainly supported by a decrease in supply. Recently, due to temporary malfunctions in multiple units, the short-term negative impact has been reduced, and the spot supply of caprolactam has continued to be tight. In addition, upstream pure benzene prices have rebounded, leading to a preference for cost support. As a result, the price center of caprolactam has gradually increased this week. The demand for cyclohexanone is temporarily positive.

In the future market forecast, the cost support is good, and downstream will follow up as needed. Currently, there is no inventory pressure on enterprises. Business Society cyclohexanone analysts predict that the domestic cyclohexanone market will tend to be strong and consolidate in the short term.