The cyclohexane market was narrow and weak in May

1、 Price trend

According to data monitored by Shengyi Society, as of May 30th, the average price of industrial grade high-quality cyclohexane in China was 7450 yuan/ton. Currently, the cyclohexane market is operating steadily, with transaction prices remaining at around 7500 yuan/ton. The supply of cyclohexane in the market is sufficient, and the overall market supply and demand are balanced. The focus of negotiations is narrow and weak, and the overall market is stable with little price fluctuation.
2、 Market analysis
In terms of demand: downstream demand is average, shipments are slow, the purchasing atmosphere is quiet, and inventory pressure is high. In terms of exports, there are currently no significant incremental orders, and most of them are contract customers, with normal shipments.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the cyclohexane market is expected to maintain its current trend in June, with limited room for price increases.