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Home > News > Cyclohexanone faces bearish outlook as Sinopec cuts pure benzene by 300 CNY/ton

Cyclohexanone faces bearish outlook as Sinopec cuts pure benzene by 300 CNY/ton

Published on 2026-11-02

I. Key Points

  1. [Chempricehub] Oct 30: The market is monitoring the potential escalation of the US-Iran conflict, while Houthi attacks on Saudi Arabia have heightened supply risks, leading to a rise in international crude oil prices. NYMEX crude oil futures (December contract) closed at $104.12/barrel, up $2.12/barrel (+2.08% WoW); ICE Brent crude futures (December contract) closed at $117.64/barrel, up $2.76/barrel (+2.40% WoW). China INE crude oil futures (contract 2612) fell by 8.3 to 727.6 CNY/barrel, while the night session rose by 30.9 to 758.5 CNY/barrel.

  2. Sinopec refineries in East, South, and Central China reduced pure benzene prices by 300 CNY/ton to 10,300 CNY/ton, effective October 29.

Core Logic: Cost support weakens; caprolactam expected to trade soft.

II. Price Table

Unit: CNY/ton

Product Quote Item Oct 29 Oct 30 Change Remarks
NYMEX Crude Oil USD/barrel 102 104.12 +2.12 December Contract
ICE Brent Crude USD/barrel 114.88 117.64 +2.76 December Contract
Pure Benzene East China Market 10060-10410 10000-10130 -60/-280 Cash ex-whse pickup
Phenol East China Market 9850-9900 9850-9900 0/0 Cash ex-whse pickup
Cyclohexanone Ex-factory Price 11200-11200 11100-11100 -100/-100 Cash ex-factory
East China Market 11700-11700 11600-11700 -100/0 Cash delivered
Caprolactam East China Liquid Spot 13650-13650 13600-13650 -50/0 Bank acceptance delivered
Polyamide 6 Regular Spinning Chips Ex-factory Price 14400-14600 14200-14400 -200/-200 Cash ex-factory
Market Price 14600-14800 14500-14500 -100/-300 Delivered to East China
Polyamide 6 High-Speed Spinning Chips East China Spot 14900-14900 14700-14800 -200/-100 Bank acceptance delivered
Nylon Fiber POY 85D/24F 15800-16500 15800-16500 0/0 Bank acceptance pickup
DTY 70D/24F 17500-18500 17500-18500 0/0 Bank acceptance pickup
FDY 70D/24F 16100-16800 16100-16800 0/0 Bank acceptance pickup
Staple Fiber 1.5D*38mm 16300-16800 16300-16800 0/0 Bank acceptance delivered
Caprolactam Sinopec Oct Settlement 14533 -- -- Bank acceptance pickup
Shenyuan Oct Settlement 14000 -- -- Bank acceptance pickup
Sinopec Weekly Settlement -- -- -- Bank acceptance pickup
Shenyuan Weekly Listed 14000/13850 -- -- Bank acceptance pickup

Comments

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  • James Morrison 2026-11-02 10:00
    Despite crude oil rising on geopolitical tensions, caprolactam faces headwinds as Sinopec cut benzene prices by 300 CNY/ton. This weakens cost support, pressuring downstream polyamide 6 margins and suggesting continued b..
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