1、 Price trend

According to data monitored by Shengyi Society, as of November 28th, the average price of domestic industrial grade high-quality cyclohexane was 6900 yuan/ton. In November, the cyclohexane market mainly operated in a narrow and weak range, with a slight decline of 1.43% in price. The mainstream market negotiations remained stable, with a balance between supply and demand. Insufficient downstream demand resulted in a lack of upward momentum for prices.
2、 Market analysis
In terms of the market, the focus of cyclohexane market negotiations in November was narrow and weak, with insufficient downstream demand. The overall market negotiations were at a low level, with slow inventory consumption and weak willingness to hoard goods. Demand based procurement was the main focus, and industry players were cautious with a strong wait-and-see atmosphere.
Upstream pure benzene: In November, the upstream pure benzene market remained stable with limited price fluctuations, with a negotiated price of about 7400 yuan/ton. However, due to high port inventories and loose supply, there was insufficient driving force for price increases, resulting in high inventory levels and weak international crude oil prices. The cost side of pure benzene lacked strong support.
In terms of demand, traditional industries such as synthetic fibers and coatings have weak demand, cautious procurement, and slow consumption. Emerging fields such as new energy materials and environmentally friendly plasticizers (such as DEHCH) are gradually releasing demand, but the growth rate is slow. .
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that in the short term, the cyclohexane market will mainly experience narrow consolidation. Currently, the supply and demand of the cyclohexane market are balanced, and prices will maintain their current trend.