CYC price kept decreasing for a while. The recent decline in the cyclohexanone market has temporarily stopped and rebounded within a narrow range. The main reasons are as below.
1. The raw material pure benzene rose a lot since crude oil is in the up trend.
2. The demand is gradually getting much better. Some manufacturers plan to stop production for maintenance.
There should be more space for it to go up. Make early purchase plan is suggested according to the situation at present.
Please feel free to contact INNOAS if there is more question.