Both supply and demand of cost are favorable for the sharp rise of cyclohexanone price

The domestic market of cyclohexanone rose sharply. According to the monitoring data of the business agency, the average price of domestic producers of cyclohexanone at the beginning of the week was 6020 yuan / ton, and the average price of domestic producers of cyclohexanone at the end of the week was 6587 yuan / ton, up 9.43% in the week. The price rose 13.16% month on month compared with the same period last year, down 16.26% compared with the same period last year.

 

ferric sulfate (Poly ferric sulphate)

The market for cyclohexanone rose sharply this week. In terms of cost, the price of pure benzene has been raised and listed for two times in a row within the week, ranging from 200 yuan / ton to 3700 yuan / ton, which is self raised in spot exchange, forming a stable and good support in terms of cost. From the perspective of demand, on June 8, Sinopec’s listing price of caprolactam this week was 10600 yuan / ton (liquid premium products were accepted and self delivered in June), which was increased by 400 yuan / ton. Luxi 100000 ton plant was shut down for maintenance and Lubao 10 Ten thousand tons of units were shut down for maintenance, the industry operating rate declined, the caprolactam spot supply was tight, the market rose and the profit was quite considerable. In order to enhance the caprolactam start-up and centralized external mining, the solvent market went with the market. In general, the downstream demand support was stable in the week. Recently, the chemical fiber orders are good, the supply and demand of cyclohexanone plant is relatively balanced, the starting load of the factory’s spot devices is relatively stable and the pressure is not large, coupled with a large number of downstream purchases this week, the market of cyclohexanone has risen sharply.

 

Raw materials, pure benzene: this week, the price of pure benzene in East China rose first and then fell. Crude oil rose strongly in the week, driving the price of us gold plate and domestic pure benzene up continuously. Due to the firm price of the external market, which is higher than Sinopec’s price, the industry expects that Sinopec’s pure benzene has room for upward adjustment. The subsequent arrival of goods in the East China port area is concentrated, and the pressure of picking up goods is great, and the current price is different from the spot price. The site pays attention to the restart process of the downstream Jiangsu Haili plant with long-term parking, and believes that it will provide support for the subsequent consumption of East China pure benzene inventory and promote the overall mentality of the site.

 

Caprolactam: this week’s market support power is sufficient. Last weekend, 100000 tons of units in Luxi, Shandong Province were shut down for maintenance, and Lubao caprolactam unit began to shut down for maintenance for one month, resulting in a decrease in caprolactam supply. The shortage of caprolactam in Jiangsu is obvious. However, at present, the market of PA6 chips in the downstream market is becoming weak, and the price of PA6 chips has dropped after surging high. The profit compression in polymerization also restricts the enthusiasm of caprolactam high price procurement.

 

Adipic acid: the cost pressure increases again, stimulating the adipic acid factory’s attitude towards the market. From June 10 to 11, the factory collective followed up the rise and listing, with Liaohua listed at 7200 yuan / ton, Shenma listed at 7300 yuan / ton, and the rest factories listed at 7100 yuan / ton. Considering the strong trend of raw materials and the market rhythm driven by factories, the middlemen in the spot market at the beginning of the week, supported by their willingness to make profits, were cautious when they were low and explored when they were high; however, the downstream demand performance was not good, and small orders were often needed to make up positions when they were low.

 

From the demand side, the spot supply of downstream caprolactam is tight, and the market for polymer chips is weak. It is expected that the demand for cyclohexanone procurement of caprolactam will decrease in the next week. From the supply side, Shandong Luxi oxidation process cyclohexanone is ready to restart in the near future, the spot supply is expected to grow, but the current factory spot pressure is not large, the business agency cyclohexanone analysts predict that the domestic market for cyclohexanone will be stable in the short term, with specific attention to the raw material price of pure benzene and the demand for chemical fiber.

povidone Iodine