1、 Price trend
| Sodium Molybdate |
According to data monitored by Shengyi Society, as of September 6th, the average price of industrial grade high-quality cyclohexane in China this week was 7833.33 yuan/ton. The price of cyclohexane remained stable this week, with slow overall market shipments and high inventory levels. Currently, downstream demand is weak, terminal demand is not as expected, and downstream demand is weak. Downstream purchases are mainly for essential needs, and businesses are adopting a cautious and wait-and-see attitude.
2、 Market analysis
In terms of cost, the fluctuation of upstream pure benzene prices is the main trend, with a weak decline. Crude oil prices have fallen, and buying gas has been stagnant. Recently, crude oil prices have continued to decline. According to industry insiders, the drop in oil prices to the lowest point of the year is mainly due to weak economic data, hindered exports, and other reasons.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that it is expected that the market price of cyclohexane will remain weak and stable in the short term, with insufficient cost support and passive downstream purchasing.
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