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:
- 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
One of the key elements supporting the market expansion is the widespread use of cyclohexane in the manufacture of nylon. Additionally, the market is expanding due to the rising demand for goods made of nylon in the textile and automotive industries. A further aspect driving growth is the growing urbanization and infrastructure development, which raises the need for paints, coatings, and adhesives. In addition, cyclohexane’s growing use in industrial processes including solvents and intermediates is fueling the market’s expansion. Furthermore, the market is expanding due to the quick development of manufacturing technologies and the optimization of the feedstock cost structure, which is opening up possibilities for production processes to be more cost-efficient.
Cyclohexane Industry Analysis
China’s cyclohexane prices have been volatile during the last quarter, mostly as a result of supply constraints and rising feedstock prices. The price of benzene, a vital raw material for the synthesis of cyclohexane, skyrocketed, driving up production prices across the board. The efficiency of production was also impacted by seasonal factors including heat waves and monsoon seasons, which led to shorter workdays and more limited supply. These interruptions, coupled with rising freight costs due to logistical challenges, led to price hikes.
Additionally, supply constraints brought on by regular maintenance schedules for significant industrial sites exacerbated the tight inventory position. Price rises were also greatly influenced by the robust demand from downstream sectors, especially in paints and coatings. China’s ongoing infrastructural and industrial development initiatives, which mostly rely on products derived from cyclohexane, further hastened the price hikes. Seasonal variations in demand at the height of summer also led to price fluctuations, even though the general trend continued to rise and was backed by strong market fundamentals. Furthermore, because of supply chain constraints and high manufacturing costs, cyclohexane prices increased gradually during the quarter.
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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