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
Cyclohexae 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
Over the past quarter, China's cyclohexane prices have fluctuated significantly, mostly due to supply restrictions and increased feedstock costs. A crucial raw ingredient for the synthesis of cyclohexane, benzene, saw a sharp increase in price, which raised manufacturing costs throughout the sector. Seasonal elements like heat waves and monsoon seasons also had an impact on manufacturing efficiency, which decreased working hours and further restricted supplies. Price increases were a result of these disruptions as well as the growing freight expenses brought on by logistical difficulties.
Furthermore, the tight inventory position was made worse by supply bottlenecks caused by routine maintenance plans for important industrial facilities. In addition, strong demand from downstream industries—particularly in paints and coatings—contributed significantly to price increases. The price increases were further accelerated by China's continuous industrial and infrastructure development projects, which mostly depend on goods made from cyclohexane. Even while the overall trend continued higher and was supported by solid market fundamentals, seasonal differences in demand during the height of summer also caused price variances. Furthermore, cyclohexane prices continued to rise steadily during the quarter due to supply chain limitations and high manufacturing costs.
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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