Cyclohexane Price in China
- China: $ 1038/MT
In the last quarter of 2023, the price of cyclohexane in China experienced a notable rise. This uptick can be attributed to Chinese traders increasing their purchases of cyclohexane to bolster their inventories.
The latest report by IMARC Group, titled "Cyclohexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Cyclohexane Prices. This report delves into the price of globally, presenting a detailed analysis, along with informative Cyclohexane Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Report Offering:
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The study delves into the factors affecting cyclohexane price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/cyclohexane-pricing-report/requestsample
Cyclohexane Price – Last Quarter
The cyclohexane market is primarily driven by its significant role as a solvent and a precursor in the production of various chemicals, notably in the manufacturing of nylon and other polymers. As the textile and automotive industries continue to grow, driven by rising consumer demand for synthetic fibers and durable materials, the need for cyclohexane as a key ingredient in the production of nylon six and nylon 66 has surged. Additionally, cyclohexane's use as a solvent in paints, coatings, and adhesives further propels its demand, particularly as manufacturers seek to enhance product performance and sustainability. The increasing focus on reducing volatile organic compound (VOC) emissions is also shaping the market as industries explore low-VOC alternatives to traditional solvents.
Cyclohexane Industry Analysis
In North America, cyclohexane prices have shown a positive trajectory during the second quarter of 2024, buoyed by strong demand despite a significant decline in Benzene prices. The market has been largely affected by limited supply, creating a notable shortage of cyclohexane. Demand from Mexico has been a significant factor, particularly driven by the growth of the automotive and construction sectors, which have placed additional pressure on the U.S. paint and coating industry. As the U.S. automotive market recovers and construction projects gain momentum, inventory levels of cyclohexane are further strained. Manufacturing activity in the U.S. remains subdued, posing challenges in meeting the escalating demand for cyclohexane across various sectors. Moreover, in the APAC region, cyclohexane prices have experienced a marked increase, spurred by immediate purchasing needs from Chinese traders looking to stock up on inventories. Despite the drop in Benzene prices, cyclohexane demand has remained robust, particularly due to ongoing requirements from the paints and coatings sector driven by a resilient construction industry.
However, the contraction in manufacturing activities in China has led to a noticeable supply deficit. Meanwhile, the demand for cyclohexane has been strong, low export orders have exerted some downward pressure on prices, highlighting a complex market dynamic characterized by varying levels of demand and supply. Besides this, the European market has witnessed a predominantly bullish sentiment, characterized by a significant price increase despite unfavorable trends in feedstock Benzene. A contraction in industrial chemical production has exacerbated the scarcity of cyclohexane within the Eurozone. Weakness in the paints and coatings sector, especially in construction, has contributed to low demand, with all segments of construction facing downturns.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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