The domestic cyclohexanone market oscillates. On February 17 and 24, the average market price of cyclohexanone in China fell from 9466 yuan/ton to 9433 yuan/ton, with a decrease of 0.35% in the week, a decrease of 2.55% in the month on the month, and a decrease of 12.92% year-on-year. The raw material pure benzene fluctuates at a high level, the cost support is stable, and the downstream auto-lactam market is weak, mainly purchasing, and the cyclohexanone market is horizontally consolidated.

On the cost side, the domestic market price of pure benzene fluctuated slightly. The spot transaction was 6970-7070 yuan/ton; The market price in Shandong was 6720-6880 yuan/ton. The cost of cyclohexanone may be supported in the short term.
Comparison of price trend of pure benzene (upstream raw material) and cyclohexanone:

Supply: At present, the market is relatively abundant. Major production enterprises such as Shijiazhuang Coking, Shandong Hongda, Jining Bank of China and Shandong Haili have been repaired or stopped production. Some production enterprises such as Cangzhou Xuri, Shandong Fangming and Luxi Chemical mainly supply their own lactam, while cyclohexanone is not exported for the time being. However, the equipment of Hualu Hengsheng, Inner Mongolia Qinghua and other enterprises operates normally, but the equipment load remains at about 60%. It is difficult to have positive factors in the supply of cyclohexanone in the short term.
In terms of demand: the market price of main downstream products of cyclohexanone from lactam fluctuated slightly. The spot supply in the market is reduced, and the downstream purchases on demand, and the transaction price is low. Self-lactam market is mainly operated by shock finishing. The demand for cyclohexanone has not been well supported.
The market prospect predicts that the price of pure benzene market fluctuates relatively high and the rising power is insufficient. The supply of cyclohexanone industry is stable, the load of caprolactam in Lunan is increasing, and the demand for cyclohexanone is increasing. Other chemical fibers are expected to need to follow up. In the short term, the domestic cyclohexanone market will be dominated by consolidation.