1、 Price trend
In January 2020, the domestic market of cyclohexanone kept stable operation. According to the sample data monitored by the business association, the price of cyclohexanone at the end of the month is 7383 yuan / ton. The price is 17.96% lower than the same period last year.
|ferric sulfate (Poly ferric sulphate)|
2、 Market analysis
Product: the market of cyclohexanone was basically stable in January, and the main factory price was about 7300-7450 yuan / ton, which was stable compared with the end of December. In January, the situation in the east of junior high school suddenly became tense, crude oil rose, the spot market of pure benzene rose, the cost pressure of cyclohexanone increased again, and the factory faced a loss situation, such as the Bank of China in Jining stopped production of cyclohexanone in early January, and converted to cyclohexane production; in addition, Shenyuan 250000 tons of equipment was put into production, and the spot market supply was abundant. In view of the basic matching of cyclohexanone plant, the impact of heavy snow in the north, limited transportation, only a small amount of goods in the downstream. With the advent of the Spring Festival, the transportation of dangerous chemicals is affected. Around January 10th, traders gradually enter the holiday stage, and the market transactions are increasingly cold.
Industrial chain: raw materials: pure benzene: the price of pure benzene rose this month. In the first ten days of the month, crude oil rose sharply in stages due to geographical factors in the Middle East. The price of domestic East China rose to 5980-6050 yuan / ton, and the downstream phenol ketone and caprolactam also rose slightly. However, due to the difficulty of spot delivery of main downstream styrene, it failed to form a good support for pure benzene. Therefore, the rebound basis of pure benzene is not solid. After the crude oil’s rise is digested and the rise is reversed, the center of gravity of pure benzene will fall accordingly.
|Azodicarbonamide (AC foaming Agent)|
Caprolactam: on the cost side, the price of raw material pure benzene is rising, the cost of caprolactam is under pressure, increasing losses, and the manufacturers actively hold up prices to reduce losses. On the supply side, the overall start-up of caprolactam plants in the north is not high, resulting in the shortage of caprolactam spot supply. The market price of caprolactam rose to 11200 yuan / ton for delivery under the boost of cost and supplier.
Industry: according to the price monitoring of the business agency, in January 2020, there are 30 kinds of commodities in the rise and fall list of bulk commodity prices in the chemical industry sector, including 5 kinds of commodities with an increase of more than 5%, accounting for 5.9% of the number of commodities monitored in the sector; the top three commodities with an increase are acetic acid (10.74%), ethylene (10.23%) and bisphenol A (9.82%). There are 41 kinds of commodities decreased on a month on month basis, and 5 kinds of commodities decreased by more than 5%, accounting for 5.9% of the number of commodities monitored in the sector; the top three products decreased were chloroform (- 9.09%), propane (- 8.33%) and caustic soda (- 8.30%).
3、 Future forecast
Due to the limitation of road traffic and transportation, the downstream enterprises often delay the resumption of work, the starting load of downstream caprolactam is low, the purchase volume is low, and the solvent enterprises mainly delay the resumption of work, and the demand side is low. Cyclohexanone analysts predict that the short-term domestic market will be stuck in a stalemate.