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Morning Market Brief: Cyclohexanone

Published on 2026-09-24

I. Key Focus Points

  1. [Chempricehub] September 23: Iran stated it is in no rush to initiate negotiations until relevant conditions are met, and the Strait of Hormuz remains closed for now, driving up international crude oil prices. NYMEX WTI crude oil futures (November contract) settled at $92.16/bbl, up $1.64/bbl (+1.81%); ICE Brent crude oil futures (November contract) settled at $103.08/bbl, up $3.83/bbl (+3.86%). China INE crude oil futures (November 2026 contract) fell by CNY 22 to CNY 695.1/bbl during the day session, but rose by CNY 34.9 to CNY 730/bbl in the night session.

  2. Sinopec refineries in East, South, and Central China lowered pure benzene prices by CNY 300/ton to CNY 9,600/ton, effective September 18.

    Core Logic: Raw material prices remain high, cost pressures persist, and supply-demand balance for commercial cyclohexanone remains weak.

II. Price Table

Unit: CNY/ton

Product Quotation Item Sep 22 Sep 23 Change Remarks
NYMEX Crude Oil USD/bbl 94.59 92.16 -2.43 Nov Contract
ICE Brent Crude USD/bbl 99.25 103.08 +3.83 Nov Contract
Pure Benzene East China Market 9700-10000 9820-10060 +120/+60 Cash ex-whse pickup
Phenol East China Market 8800-8950 8700-8800 -100/-150 Cash ex-whse pickup
Cyclohexanone Ex-factory Price 10300-10300 10400-10400 +100/+100 Cash ex-factory
East China Market 10450-10500 10500-10600 +50/+100 Cash delivered
Caprolactam East China Liquid Spot 14000-14300 13850-13900 -150/-400 Bank acceptance delivered
PA6 Conventional Spinning Chips Ex-factory Price 14200-14500 14200-14500 0/0 Cash ex-factory
Market Price 14400-14600 14300-14500 -100/-100 Delivered to East China
PA6 High-Speed Spinning Chips East China Spot 14800-14800 14800-14800 0/0 Bank acceptance delivered
Nylon Fiber POY 85D/24F 15800-17000 15800-17000 0/0 Bank acceptance pickup
DTY 70D/24F 17600-19100 17600-19100 0/0 Bank acceptance pickup
FDY 70D/24F 16000-17000 16000-17000 0/0 Bank acceptance pickup
Staple Fiber 1.5D*38mm 16300-16800 16300-16800 0/0 Bank acceptance delivered
Caprolactam Sinopec Aug Settlement 12920 Bank acceptance pickup
Shenyuan Aug Settlement 12330 Bank acceptance pickup
Sinopec Weekly Settlement 13960/14480/14795 Bank acceptance pickup
Shenyuan Weekly Listing 13200/13400/13750/14150/14400/14100 Bank acceptance pickup

Comments

0
  • Sarah Mitchell 2026-09-24 20:06
    Seeing Sinopec cut benzene prices despite rising crude costs highlights the severe disconnect between feedstock expenses and weak downstream demand for cyclohexanone. This margin squeeze suggests producers are prioritizi..
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