December 29th News
On December 29th, Henan Shouheng New Materials reported a cyclohexanone production capacity of 200,000 tons and a cyclohexane production capacity of approximately 50,000 tons. The quoted price for cyclohexane is 5,300 yuan per ton. Currently, cyclohexane inventories are running at high levels, downstream demand is weak, and consumption is slow.
Chempricehub Analysis of Cyclohexane
Bull-Bear Score: -1.5
Cyclohexane inventories are running at high levels, with weak downstream demand and slow consumption, indicating an oversupply and sluggish demand. This supply-demand imbalance is expected to put downward pressure on spot prices. The current quoted price of 5,300 yuan per ton may face further downside risks, as inventory pressure on enterprises increases and bearish sentiment strengthens in the short term.
Cyclohexanone
Bull-Bear Score: 0
The article only mentions a cyclohexanone production capacity of 200,000 tons, without providing specific information on prices, inventory, or changes in demand. Therefore, the impact on spot prices remains unclear, and a neutral assessment is maintained. Production capacity data does not directly reflect market supply-demand dynamics, and more data is needed to determine price trends.