Cyclohexanol Price Trend and Forecast

Cyclohexanol Regional Price Overview

Get the latest insights on price movement and trend analysis of Cyclohexanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Cyclohexanol Price Trend for Q1 of 2024

Cyclohexanol is primarily produced using cyclohexane; therefore, their price patterns are usually in close alliance with each other. In Asia, the cyclohexanol market exhibited borderline stagnancy during the first quarter of 2024, with prices showing slight changes in the new year compared to the previous due to subdued market dynamics; the feedstock costs were also not very supportive of the market trends.
 

Cyclohexanol Price Chart

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Domestic suppliers were cautious with bulk purchases amidst rapid economic changes and challenges faced by the global economy. This led to a subdued trading environment. Overseas inquiries, especially from the EU, were limited, mostly consisting of small orders due to increased freight charges and shipment delays.

Suez Canal, the major trade route between Asia and Europe, saw an approximate 50% decline in the vessels passing through fundamentally because of disturbed trade dynamics. Therefore, a little supply crunch was felt in Europe, especially in key importing markets like France and Belgium. Other upstream challenges, such as production capacity limitations and supply chain disruptions, exacerbated the difficulties for both buyers and suppliers.

The American markets, on the other hand, were relatively more sheltered as the crude oil surges and domestic consumption were managing the market dynamics here. Still, a largely confined price graph was noticed in the US markets for cyclohexanol.

Analyst Insight

According to Procurement Resource, the current market situation suggests improvement in the Cyclohexanol prices going forward. However, the markets will remain subject to political, economic, and various other trade scenarios both domestically and globally.

Procurement Resource provides latest prices of Cyclohexanol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.