From July 6 to 13, the average price of Cyclohexanone in the domestic market rose from 8071 yuan/ton to 8150 yuan/ton, up 0.97% in the week, down 1.41% month on month, and down 25.64% year on year. The market price of raw material pure benzene rose, the cost support was strong, the market atmosphere improved, the downstream chemical fiber and solvent were supplemented as needed, and the Cyclohexanone market rose in a narrow range.
Cost side: The domestic market price of pure benzene has significantly increased. International crude oil prices continued to rise, and some downstream ethylbenzene and Caprolactam devices were restarted, increasing the demand for pure benzene. On July 13th, the benchmark price of pure benzene was 6397.17 yuan/ton, an increase of 3.45% compared to the beginning of this month (6183.83 yuan/ton). Cyclohexanone costs well in the short term.
Comparison chart of price trend of pure benzene (upstream raw material) and Cyclohexanone:
Supply side: The average weekly starting load of Cyclohexanone this week was 65.60%, an increase of 1.43% over last week, and the weekly output was 91200 tons, an increase of 2000 tons over last week. Shijiazhuang Coking, Shandong Hongda, Jining Zhongyin, and Shandong Haili Plant are major production enterprises. The short-term supply of Cyclohexanone is slightly beneficial.
Demand side: Lactam market has been weak. The downstream supply of Lactam tends to be loose, and the enthusiasm for chemical fiber procurement may be reduced. On July 13, the benchmark price of Lactam was 12087.50 yuan/ton, down -0.08% from the beginning of this month (12097.50 yuan/ton). The negative impact of Cyclohexanone demand.
It is expected that pure benzene will operate at a high level, with good cost support. The downstream will follow up on demand, and the domestic Cyclohexanone market will operate stably in the short term.
Ranking list of major chemical products up and down
Post time: Jul-14-2023