According to the Commodity Market Analysis System of Shengyi Society, on October 15th, the domestic cyclohexanone market price reference was 9387 yuan/ton. On October 9th, the domestic cyclohexanone market price reference was 9600 yuan/ton, with a price reduction of 213 yuan/ton, a decrease of 2.21%.
From the commodity market analysis system of Shengyi Society, it can be seen that after the holiday, the domestic cyclohexanone market had a brief upward trend. However, due to limited overall market support, the cyclohexanone market quickly rebounded, swallowing up the narrow rise after the holiday. The market center of gravity continued to move downwards, with a cumulative decrease of 100-200 yuan/ton in the past four days. As of October 15th, the reference market price for cyclohexanone in Shandong region is around 9300-9500 yuan/ton, and in Inner Mongolia region it is around 9100 yuan/ton.
Fundamental analysis: Currently, the fundamental performance of the cyclohexanone market is weak, with loose support from the cost side and a lack of overall cost support. Downstream demand is generally average, and the demand side is cautious in purchasing on demand.
Market analysis in the future
At present, the trading atmosphere in the cyclohexanone market is light, and the mentality of industry players is average. The overall supply and demand transmission in the market is weak. The cyclohexanone data analyst from Shengyi Society believes that in the short term, the domestic cyclohexanone market will mainly adjust and operate within a narrow range, and more attention should be paid to changes in supply and demand news.
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