Insufficient demand, weak cost support, cyclohexane market weakens

1、 Price trend

 

According to data monitored by Shengyi Society, as of February 28th, the average price of industrial grade high-quality cyclohexane in China was 7766.67 yuan/ton. The cyclohexane market is mainly balanced in supply and demand, with insufficient downstream demand and a narrow and weak overall market operation. Currently, the mainstream market price remains around 7800 yuan/ton.

 

2、 Market analysis

 

In terms of cost: Currently, the overall market is running steadily, with insufficient support from the upstream cost side and excessive inventory pressure. Currently, there is a boost in some equipment news in the pure benzene market, and short-term consolidation of the pure benzene range in East China.

 

3、 Future forecast

 

The cyclohexane analyst from Shengyi Society believes that cost support is poor. It is expected that the cyclohexane market will remain stable in the short term.

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