1、 Price trend

According to data monitored by Business Society, as of August 16th, the average price of industrial grade high-quality cyclohexane in China this week was 7966.67 yuan/ton. The price of cyclohexane remained stable this week, but downstream demand is weak, and overall market shipments are slow. Downstream purchases are mainly for essential needs, and many businesses are adopting a cautious and wait-and-see attitude.

2、 Market analysis

In terms of cost, the upstream pure benzene market is mainly characterized by fluctuating prices, with a stagnant buying trend and a focus on small orders for essential needs. Currently, the upward trend in crude oil prices is driving downstream prices, and the inventory of pure benzene ports is running at a low level. It is expected that the pure benzene market will mainly operate strongly in the short term.

3、 Future forecast

The cyclohexane analyst from Shengyi Society believes that the short-term market price of cyclohexane is expected to remain stable. Currently, the upstream cost side support is average, downstream demand is weak, and the driving force for price increases is limited.