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:

• Monthly Updates: Annual Subscription
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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

Cyclohexane is a key raw material in the production of adipic acid and caprolactam, which are used to manufacture nylon. The growing demand for nylon in automotive, textile, and packaging industries is offering a favorable market outlook. Besides this, the automotive industry's expansion, particularly in emerging markets, is catalyzing the demand for cyclohexane-derived nylon products used in vehicle components, such as tires and engine parts, due to their durability and lightweight properties. In addition, the construction sector's growth is driving the demand for nylon-based products like carpets and ropes, which is impelling the growth of the market. Moreover, technological advancements in cyclohexane production processes, such as more efficient catalytic methods, are improving production efficiency and reduced costs, further propelling the market growth.

Cyclohexane Industry Analysis

In North America, the market experienced bearish conditions largely due to a decline in the price of benzene, a key feedstock, during the second quarter of 2024. This decrease in benzene prices exerted downward pressure on cyclohexane prices across the region. Additionally, the demand from major downstream sectors, such as construction and paints and coatings, remained weak. The construction sector, particularly private and residential construction, was notably impacted by rising mortgage rates and uncertainties surrounding the presidential election, leading to a decrease in housebuilding activities. Despite these challenges, the North American market saw a slight improvement towards the end of the quarter due to an increase in public construction spending, which provided some support to the cyclohexane market.

In contrast, the Asia-Pacific (APAC) region experienced upward pricing trends for cyclohexane during the same period, driven by different factors. In APAC, cyclohexane prices surged due to rising feedstock costs, including benzene and naphtha, and constrained supply caused by seasonal heatwaves and increased production costs. The demand from downstream sectors like paints and coatings, supported by significant infrastructure development initiatives, further fueled the price increase. In China, prices surged from the previous quarter, marking a significant rise driven by heightened freight charges, strict maintenance schedules, and tight inventory levels.

Similarly, in Europe, cyclohexane prices saw an upward trajectory due to elevated production costs and tighter supply chains exacerbated by logistical challenges and adverse weather conditions. Germany experienced a pronounced price increase as compared to the same quarter last year. This steady rise in prices across Europe reflects the persistent supply constraints and robust demand recovery, contributing to a bullish market environment.

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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