The domestic cyclohexanone market rose sharply in September. According to the monitoring data of business agency, the average market price of domestic cyclohexanone at the beginning of the month was 10720 yuan / ton, and the average market price of domestic cyclohexanone at the end of the month was 12760 yuan / ton, an increase of 19.03% in the month and 90.86% year-on-year.

At the beginning of June, the cyclohexanone market was strong and upward, pure benzene rose steadily, the cost support was relatively stable, the maintenance of downstream caprolactam units was concentrated, the spot supply in the market was tight, and some chemical fiber plants actively purchased.

In the middle of the month, the cyclohexanone market rose broadly, and pure benzene was listed twice, with a total increase of 200 yuan / ton to 7850 yuan / ton, which was strongly supported by the cost side. The downstream caprolactam has more shutdown and maintenance, the supply is tight, and the demand for cyclohexanone is increasing.

In late June, the cyclohexanone market operated strongly, and pure benzene was listed twice, with a total reduction of 400 yuan / ton to 8200 yuan / ton, lacking support in cost. However, the downstream caprolactam supply is tight. During the Mid Autumn Festival and National Day holidays, some chemical fiber plants actively prepare goods and purchase, forming a good demand support for the cyclohexanone market. In addition, there are many parking lots of cyclohexanone, the commodity volume continues to be in short supply, and cyclohexanone runs at a high price.

Monthly K column chart of domestic production price of cyclohexanone:

Weekly K column chart of domestic production price of cyclohexanone:

Summary of domestic cyclohexanone market as of September 29:

region ., Price

East China 12900-13000 yuan / ton cash delivery

South China 13100-13200 yuan / ton cash delivery

Shandong region 12600-12800 yuan / ton cash delivery

In terms of raw materials and pure benzene, the price of pure benzene rose rapidly and significantly at the beginning of the month, forming a strong support for cyclohexanone. At the end of the month, pure benzene was listed for two times, with a total reduction of 400 yuan / ton to 8200 yuan / ton, weakening the positive cost side.

Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business society:

Downstream, the maintenance of caprolactam unit was concentrated at the beginning of the month, the spot supply in the market was tight, and some chemical fiber plants actively purchased. From mid month to the end of the month, caprolactam has a lot of parking and maintenance, and the supply of goods is tight. In addition, near the Mid Autumn Festival National Day holiday, the demand for cyclohexanone in downstream chemical fibers and solvents increases.

Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business community:

According to the price monitoring of the business community, in the list of commodity prices in August 2021, there were 59 kinds of commodities rising month on month in the chemical sector, including 29 kinds of commodities rising by more than 5%, accounting for 29.6% of the monitored commodities in the sector; The top three commodities were formic acid (48.35%), lithium carbonate (30.45%) and hydrochloric acid (29.41%). A total of 34 kinds of commodities decreased month on month, and 13 kinds of commodities decreased by more than 5%, accounting for 13.3% of the monitored commodities in this sector; The products with the first three declines were liquid ammonia (- 21.16%), chloroform (- 16.00%) and urea (- 13.43%). The average rise and fall this month was 3.39%.

Although the cost side lacks support, cyclohexanone is in short supply. Cyclohexanone analysts of business society expect that the short-term cyclohexanone market will still be strong.