The raw material pure benzene market fluctuated and adjusted, and the quotations of cyclohexanone enterprises were more stable. According to the monitoring data of business agency, as of August 10, the average market price of cyclohexanone in China was 10220 yuan / ton, with a month on month decrease of 4.49% and a year-on-year increase of 78.26%.
In terms of raw materials and pure benzene, Sinopec reduced the price of pure benzene by 150 yuan / ton to 7550 yuan / ton, which is implemented uniformly by its refineries. The price shall be implemented from August 9. Downstream, the quotation of caprolactam and Sinopec high-end caprolactam remained stable at 14700 yuan / ton this week (liquid high-grade products were accepted and picked up in June).
Crude oil prices continued to fall, Sinopec’s pure benzene listing was lowered again by 150 to 7550 yuan / ton, and the market mentality was mainly bearish. Cyclohexanone analysts of business society expect that the short-term cyclohexanone market may decline in a narrow range.
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