I. price trend

According to the monitoring data of business agency, as of December 13, the latest price of cyclohexanone in China was 7266 yuan / ton, down 0.91% month on month and 29.90% year on year. The domestic market of cyclohexanone is mainly sorted out.

II. Market analysis

Products: at present, domestic cyclohexanone manufacturers have made it clear that there are not many offers. The shipping level of enterprises is around 7300-73400 yuan / ton. Most of them supply supporting downstream production demand, and the inventory level is low. The South China cyclohexanone market was sorted out for a short time, and the negotiation was delivered with reference to 7900-8000 yuan / ton. The upstream pure benzene was supported by firm operation, the seller’s offer was held high, the purchase response was general, and there was a wait-and-see in the market. The market of cyclohexanone in East China has been operating steadily, and the market of pure benzene has been promoted steadily. The on-site negotiations refer to 7700-7800 yuan / ton, and some of the sales are up to 7900 yuan / ton. The purchase intention tends to be near the low end, and replenishment is required.

Industry chain: pure benzene: Asian pure benzene Market: in February, the seller intends to buy 740 US dollars / ton CFR China, and in January, the seller intends to buy 745 US dollars / ton CFR China. Domestic pure benzene Market: East China’s pure benzene market slowly rebounded, with reference to 5850-5900 yuan / ton for negotiation, some of the selling prices were slightly higher, and the price of goods in the far month was 5700-5800 yuan / ton for negotiation. The small increase in the external price gave psychological support, and the seller’s intention was high to report to the market.

Caprolactam: the market trend of caprolactam US dollar is strong, the offer of the merchants is increased, the inquiry atmosphere of the downstream factories is light, there are not many actual orders in the market, and the mainstream transaction negotiation reference in the market is 1200-1220 US dollars / ton. The caprolactam liquid market maintained consolidation, and the main real single negotiated price in East China market was 10800-11000 yuan / ton (6 months’ acceptance delivery), stable. Caprolactam business offer is temporarily stable, the focus of market negotiation is low-end. Downstream buyers are mainly cautious and wait-and-see, and the market trading atmosphere is light.

III. future forecast

On the positive side, the downstream market rose slightly; the pure benzene market remained firm. On the negative side, the solvent demand is insufficient; the industry chain profit is limited. The upward trend of the upstream market has a clear positive direction to the market, with a small increase in business intention and a limited profit in the downstream market. The cyclohexanone analysts of the business society expect that the market of the domestic cyclohexanone market will have a small upward space in the short term.