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Morning Market Update: Cyclohexanone

Published on 2026-11-11

I. Key Points

  1. Chempricehub (Nov 10): Qatar and other mediators continue to push for U.S.-Iran negotiations, easing market concerns and causing international crude oil prices to drop. NYMEX WTI futures (December contract) fell by $0.81/bbl to $86.04/bbl (-0.93% WoW); ICE Brent futures (January contract) fell by $1.08/bbl to $91.49/bbl (-1.17% WoW). China INE crude oil futures (2701 contract) dropped by 31.4 yuan/bbl to 599.3 yuan/bbl; the night session fell by 9.1 yuan/bbl to 590.2 yuan/bbl.
  2. Sinopec refineries in East, South, and Central China reduced their pure benzene prices by 300 yuan/ton to 7,900 yuan/ton, effective November 10.

Core Logic: Raw material price declines have weakened cost support, resulting in a balanced supply-demand situation for merchant-grade cyclohexanone.

II. Price Table

Unit: Yuan/ton

Product Quotation Item Nov 9 Nov 10 Change Remarks
NYMEX Crude Oil USD/bbl 90.83 86.04 -4.79 Dec Contract
ICE Brent USD/bbl 98.32 91.49 -6.83 Jan Contract
Pure Benzene East China Market 8090-8340 7790-7930 -300/-410 Cash Ex-Warehouse
Phenol East China Market 9000-9150 8600-8800 -400/-350 Cash Ex-Warehouse
Cyclohexanone Ex-Works 10000-10000 9700-9700 -300/-300 Cash Ex-Works
East China Market 10400-10500 10200-10300 -200/-200 Cash Delivered
Caprolactam East China Liquid Spot 12600-12600 11400-11400 -1200/-1200 Bank Acceptance Delivered
PA6 Conventional Spinning Chips Ex-Works 12800-13200 12500-12900 -300/-300 Cash Ex-Works
Market Price 13000-13400 12700-12800 -300/-600 Delivered East China
PA6 High-Speed Spinning Chips East China Spot 13550-13600 13300-13300 -250/-300 Bank Acceptance Delivered
Nylon Fiber POY 85D/24F 15000-16200 14800-15800 -200/-400 Bank Acceptance Ex-Warehouse
DTY 70D/24F 17000-18000 16700-17700 -300/-300 Bank Acceptance Ex-Warehouse
FDY 70D/24F 15900-16500 15600-16200 -300/-300 Bank Acceptance Ex-Warehouse
Staple Fiber 1.5D*38mm 15600-16200 15300-16000 -300/-200 Bank Acceptance Delivered
Caprolactam Sinopec Oct Settlement 14533 Bank Acceptance Ex-Warehouse
Shenyuan Oct Settlement 14000 Bank Acceptance Ex-Warehouse
Sinopec Weekly Settlement 13146 Bank Acceptance Ex-Warehouse
Shenyuan Weekly Listing 14000/13850/13000/12600 Bank Acceptance Ex-Warehouse

Comments

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  • Hannah Berg 2026-11-11 10:00
    With crude and benzene prices sliding, cyclohexanone's cost support is weakening. I see downstream nylon demand remaining soft, which keeps capacity utilization low and squeezes margins. This balanced supply-demand sugge..
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