Short-term market focus on cost and supply changes for cyclohexanone

1.6/14: US commercial crude oil and refined oil inventories grew across the board, and the Fed suspended interest rate hikes but hinted that the hiking cycle was not over, international oil prices fell. nymex crude oil futures 07 contract 68.27 down $1.15/bbl or 1.66%; ICE bunker oil futures 08 contract 73.20 down $1.09/bbl or 1.47%. China's main INE crude oil futures contract 2308 rose 12.5 to $521.1/bbl and fell 4.6 to $516.5/bbl in overnight trading.

2. Sinopec reduced the price of pure benzene by RMB300/tonne to RMB6,200/tonne, which was implemented uniformly by the refineries along the river and coast. This price has been implemented since June 13.

Core logic: general downstream demand, high price shipments are blocked, supply increased, the short-term market is mainly concerned about the cost and supply changes.