Demand falls short of expectations, Shandong cyclohexanone market is experiencing a downturn

According to the Commodity Market Analysis System of Shengyi Society, on September 28th, the ex factory price of cyclohexanone in Shandong Province, China was referenced to 6900 yuan/ton. Compared with September 1st (cyclohexanone price reference 7087 yuan/ton), the price decreased by 187 yuan/ton, a decrease of 2.65%.
The “Golden Nine Effect” has not yet emerged, and the focus of the cyclohexanone market has fallen
From the Commodity Market Analysis System of Shengyi Society, it can be seen that in September, the domestic cyclohexanone market in Shandong Province showed an overall downward trend. In the first ten days, the cyclohexanone market had little fluctuation, with a relatively calm supply and demand situation, and the market was weakly consolidating and operating. In the latter half of the year, the cyclohexanone market in Shandong began to decline, and the focus of market negotiations gradually decreased, with a cumulative reduction of around 150-200 yuan/ton. As of September 26th, the ex factory price of cyclohexanone in Shandong Province, China is around 6850-6950 yuan/ton.

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Analysis of Factors Influencing Market Trends
In terms of demand: In September, the overall downstream demand for cyclohexanone was lower than expected. In the early stage of the Double Festival, the purchasing activity of downstream users before the holiday was average, and the overall performance of cyclohexanone demand was poor, providing insufficient market support.
On the supply side: In September, the overall supply performance of the cyclohexanone market in Shandong was loose, with slow demand transmission, and the overall supply pressure in the market was difficult to reduce. The factory shipment status was positive, and the negotiation market continued to move downward. Therefore, in September, the support provided by the supply side to the cyclohexanone market remained weak.
Market analysis in the future
At present, as the end of the month approaches, the trading atmosphere in the cyclohexanone market is mild, and downstream customers are picking up goods according to demand. The market supply is relatively stable. The cyclohexanone data analyst from Shengyi Society predicts that after the holiday, the cyclohexanone market in Shandong will mainly adjust and operate in a narrow range, and specific changes in supply and demand need to be closely monitored.

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