price trend
the raw material pure benzene market fluctuated and adjusted, and the quotations of cyclohexanone companies were mostly stable and wait-and-see. according to the monitoring data of sunsirs, as of august 10, the average domestic market price of cyclohexanone was 10,220 rmb/ton, the price fell 4.49% month-on-month and rose 78.26% year-on-year.
analysis review
in terms of raw materials, in terms of pure benzene, sinopec’s price of pure benzene was lowered by 150 rmb/ton to 7,550 rmb/ton, and all refineries under its subsidiaries was implemented uniformly from august 9. on the nstream side, sinopec’s high-end cpl quotation was stable this week, at 14,700 rmb/ton.
market outlook
crude oil prices continued to fall, and sinopec’s pure benzene listing was once again reduced by 150 rmb/ton to 7,550 rmb/ton. the market mentality is mainly bearish. cyclohexanone analysts of sunsirs predict that the short-term cyclohexanone market may decline in a narrow range.