January 5th News
On January 5th, 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 operating at high levels, with weak downstream demand and slow consumption.
Chempricehub's analysis of cyclohexane indicates a bearish score of -1.5. The article highlights that high cyclohexane inventories, coupled with weak downstream demand and slow consumption, reflect an oversupply situation in the market. This will directly exert downward pressure on the spot price of cyclohexane, as high inventories and weak demand dampen buyer enthusiasm, potentially leading to further price declines. A score of -1.5 signifies a generally strong bearish influence. Although not a sudden major event, the persistent supply-demand imbalance significantly suppresses prices.