Cyclohexanone Price in USA
- United States: 1593 USD/MT
Supply chain disruptions due to vessel restrictions led to a bearish trend in the USA market, with prices reaching 1593 USD/MT in the fourth quarter of 2023.
The latest report by IMARC Group, titled "Cyclohexanone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of cyclohexanone prices. This report delves into 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.
Cyclohexanone Prices Analysis:
- Japan: 1250 USD/MT
- Netherlands: 1868 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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The study delves into the factors affecting cyclohexanone 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/cyclohexanone-pricing-report/requestsample
Cyclohexanone Price Trend- Last Quarter
The cyclohexanone market is primarily driven by its critical role as a key intermediate in the production of nylon, particularly in the synthesis of caprolactam and adipic acid, which are essential for manufacturing nylon-6 and nylon-6,6. The growing demand for nylon in industries, such as automotive, textiles, and electronics, is directly boosting the consumption of cyclohexanone.
Additionally, the increasing use of cyclohexanone as a solvent in paints, coatings, and varnishes due to its excellent dissolving properties further supports market growth. The expansion of the construction and automotive industries, where nylon-based products are widely used, is also contributing to heightened demand. Moreover, cyclohexanone's application in the production of pharmaceuticals, agrochemicals, and other fine chemicals is adding to its market value. Furthermore, continuous advancements in production technologies and efforts to improve the efficiency of cyclohexanone manufacturing processes are creating favorable growth opportunities for the market.
Cyclohexanone Industry Analysis
In Q2 2024, the global cyclohexanone market experienced varying pricing trends across North America, Europe, and APAC, driven by key factors in each region. In North America, the market saw a price increase due to strong demand from nylon, adipic acid, and caprolactam production, supported by stable benzene prices and effective inventory management, leading to steady supply. The USA, particularly Texas, witnessed pronounced price changes, with seasonality contributing to higher demand and pushing prices upward, although still lower than the previous quarter. Similarly, Europe faced significant price increases, particularly in Germany, where robust demand from downstream industries and supply chain disruptions, including feedstock shortages and production halts, compounded with rising raw material costs and inflationary pressures, drove prices higher.
Meanwhile, in APAC, there were conflicting trends. Japan experienced price declines early in the quarter due to subdued demand and stable raw material costs. However, prices surged towards the end of the quarter as demand from nylon and adipic acid production improved. Rising feedstock costs and export opportunities further tightened local supply, leading to upward price pressures. Overall, Q2 2024 reflected a positive pricing atmosphere throughout all regions, influenced by stable industrial demand, supply restrictions, and fluctuating global economic conditions.
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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