Cyclohexanone Price in China
- China: $1038/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 price trend . This report delves into the price of cyclohexanone globally, presenting a detailed analysis, along with an informative cyclohexanone price chart. Through comprehensive cyclohexanone 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 cyclohexanone demand, analyzing how it impacts market dynamics. To belong in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Cyclohexanone Prices December 2023:
- China: $1038/MT
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The study delves into the factors affecting cyclohexanone price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Cyclohexanone Price Trend - Q4 2023
In North America, the cyclohexanone market in the last quarter of 2023 has been influenced by several key factors. Firstly, the expected restrictions on vessels transitioning through the Neopanamax locks have disrupted the supply chain, contributing to a negative trend in the market. Additionally, the reduction in domestic petrochemical production capacity and overseas supplier inventory, prompted by oil production gas by major producers, have further impacted prices. Limited inventory within the domestic market has led to price hikes while decreasing downstream demand has supported a price drop. The recent developments in international relations, particularly the upgrade of bilateral relations between the United States and Vietnam, have opened new growth opportunities in the textile industry. Overall, these factors have collectively shaped the cyclohexanone market dynamics in North America during the last quarter of 2023.
The global cyclohexanone market size reached US$ 7.9 Billion in 2023. By 2032 , IMARC Group expects the market to reach US$ 10.8 Billion, at a projected CAGR of 3.50% during 2023-2032 . Meanwhile, in the APAC region, the cyclohexanone market faced significant challenges in the fourth quarter of 2023. Factors like the destocking tendency of manufacturing stores and increased freight rates contributed to a drop in prices. Reductions in domestic petrochemical production capacity and overseas supplier inventory due to oil production cuts by major producers had further influenced pricing dynamics. Notably, Japan experienced a decline in prices compared to the previous year and quarter. Despite no significant price difference between the first and second half of the quarter in Japan, the overall trend had been downward.
Moreover, the cyclohexanone market in Europe during the last quarter of 2023 witnessed a bearish trend driven by various factors. Like other regions, the destocking tendency of manufacturing stores and potential increases in freight rates impacted prices negatively. Additionally, reduced domestic petrochemical production capacity and overseas supplier inventory due to oil production had influenced pricing. In the Netherlands, while prices experienced a decline in December, they saw increases in January and February. Upstream production plants undergoing maintenance affected the supply chain, although new-year production plans boosted overseas demand. The downstream biofuel industry and textile sector also influenced market dynamics while the market in Europe remained dynamic despite challenges.
Key Points Covered in the Cyclohexanone Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Cyclohexanone Prices
- Cyclohexanone Price Trend
- Cyclohexanone Demand Supply
- Cyclohexanone Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Cyclohexanone Price Analysis
- Cyclohexanone Industry Drivers, Restraints, and Opportunities
- Cyclohexanone News and Recent developments
- Global Event Analysis
- List of Key Players
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, Colombia, Chile, Ecuador, and Peru
- Middle East Africa : Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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