According to the Commodity Market Analysis System of the Business Society, the domestic cyclohexanone market fluctuated within a narrow range in April. From April 1st to 27th, the average price of cyclohexanone in the domestic market increased from 9460 yuan/ton to 95100 yuan/ton, an increase of 0.53%, with a maximum amplitude of 0.95%, and a year-on-year decrease of 15.09% in price.

At the beginning of the month, crude oil significantly increased, and the raw material pure benzene market followed a strong upward trend, with cost support upward. Downstream chemical fibers follow up on demand, and the supply of market commodities is relatively low, resulting in an increase in the focus of cyclohexanone transactions. In mid month, the pure benzene market fluctuated and operated, with stable cost support. Downstream demand is weak, high market prices hinder shipments, transaction focus weakens, and the cyclohexanone market is in a weak state of consolidation and operation. In the latter half of the month, pure benzene, the raw material, was operating in a volatile manner, with positive cost support. There are more downstream caprolactam overhauls, the market price is reduced, and the transaction focus is higher.

On the cost side, the domestic pure benzene market in April saw a gradual upward trend. On April 27th, the benchmark price of pure benzene at Shangshang Society was 7442.17 yuan/ton, an increase of 2.76% compared to the beginning of this month (7242.17 yuan/ton). The price of domestic pure benzene market rose significantly, the price of international crude oil rose significantly, the listed price of main units rose, and the domestic supply of pure benzene remained low. The downstream demand of the pure benzene industry chain continues to recover, with sufficient support for the price of pure benzene. The supply and demand side of pure benzene is good, and prices are easy to rise but difficult to fall. The cost side of cyclohexanone shows significant benefits.

On the supply side, the operating rate of cyclohexanone industry units remains around 60%, with a slight decrease in supply. Main production enterprises conduct parking and maintenance. The short-term supply of cyclohexanone is slightly positive.

On the demand side, on April 27, the benchmark price of caprolactam in the business community was 12933.33 yuan/ton, up 6.89% compared with 12100.00 yuan/ton at the beginning of this month. Recently, caprolactam has been overhauled a lot and the spot supply is relatively tight. However, with the price of cyclohexanone rising, there may be some resistance to the high price transaction. However, before the May Day holiday, the overall downstream demand may be good. The demand side of cyclohexanone is favorable and has a positive impact.

Future market forecast shows that pure benzene is operating in a volatile manner with stable cost support. Cyclohexanone manufacturers have relatively low product volume and circulation, but their demand remains average for a short period of time. Cyclohexanone analysts from Business Society predict that the domestic cyclohexanone market will mainly fluctuate and consolidate in the short term.