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Home - News - The Cyclohexane Market Was Stronger in January

The Cyclohexane Market Was Stronger in January

February 6, 2023

Price trend

According to the data monitored by the Business News Agency, as of January 31, the average price of domestic industrial first-class cyclohexane was 7,066.67 RMB/ton, with an overall increase of 0.47% in January. The market was stronger in a narrow range, with the price rising by 0.95% compared with the same period last week.

Analysis review

The average price of domestic industrial grade superior cyclohexane was 7,066.67 RMB/ton. As of the 31st, the range of quotations from mainstream manufacturers had remained about 7,000 RMB/ton, and the operating rate was stable. The downstream purchased just in needed, and the negotiation atmosphere was fair. Recently, the bullish atmosphere was obvious. The latest price of the enterprise: Jinan Hengtong Chemical Co., Ltd. 6,400 RMB/ton, Wuhan Jixin Yibang Biotechnology Co., Ltd. 6,600 RMB/ton, Shandong Lifeda Fine Chemical Co., Ltd. 6,500 RMB/ton, Jinan Jutai Chemical Co., Ltd. 6,200 RMB/ton.

Chemical index: The chemical index stood at 926 points on January 30, up 3 points from the previous day, down 33.86% from the highest point of 1,400 points in the cycle (2021-10-23), and up 54.85% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Market outlook

Cyclohexane analysts of the Business Agency believe that the cyclohexane market will be stronger in the short term.