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 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 market for cyclohexane is predominantly propelled by its noteworthy function as a precursor and solvent in the synthesis of diverse chemicals, particularly in the creation of nylon and other polymers. Cyclohexane is an essential component of nylon six and nylon 66, and its demand has increased as the textile and automotive industries develop due to customer desire for synthetic fibers and durable materials. The demand for cyclohexane is further fueled by its usage as a solvent in paints, varnishes, and adhesives, especially as manufacturers look to improve the sustainability and performance of their products. The market is being shaped by the growing emphasis on lowering emissions of volatile organic compounds (VOCs), as businesses look at low-VOC substitutes for conventional solvents.
Cyclohexane Industry Analysis
Despite a notable drop in the price of benzoene, cyclohexane prices in North America have demonstrated a favorable trend in the second quarter of 2024 due to robust demand. Limited supply has had a significant impact on the market, leading to a noticeable cyclohexane scarcity. Mexico's demand has been a major contributor, especially with the expansion of the construction and automotive industries, which has put more strain on the US paint and coatings market. Cyclohexane inventories are under further pressure as the US car industry improves and building projects pick up steam. The United States' manufacturing sector is still relatively low, which makes it difficult to supply the growing demand for cyclohexane in a variety of industries.
However, there is a clear supply shortage as a result of China's manufacturing sector's decline. Low export orders have caused some downward pressure on pricing, despite the robust demand for cyclohexane. This highlights the complicated market dynamic that is defined by changing levels of supply and demand. Apart from this, there has been a general positive mood on the European market, marked by a notable rise in price in spite of negative trends in feedstock Benzene. A reduction in the output of industrial chemicals has made cyclohexane even more scarce inside the Eurozone. All areas of the construction industry are experiencing downturns, and poor demand is a result of weakness in the paint and coatings industry, particularly in the building sector.
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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