Cyclohexanone is a colourless to pale yellow liquid that is an organic molecule with a unique and pleasing peppermint-like odour. Its chemical structure includes a six-membered ring cyclic ketone, including a carbonyl group (-CO-).
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The molecule is extremely reactive and combustible, fiercely reacting with strong acids and oxidising agents. It readily dissolves in organic solvents like ethanol, acetone, methanol, and ether.
Key Details About the Cyclohexanone Price Trend:
Cyclohexanone is an important chemical primarily used as a solvent and in the production of nylon. Its price can fluctuate due to various factors including raw material costs, demand from the nylon industry, environmental regulations, and general economic conditions.
Here are some key details about cyclohexanone price trends:
- Dependency on Raw Materials: Cyclohexanone is produced from phenol and cyclohexane, and its price is sensitive to the costs of these raw materials. Fluctuations in the oil market, which affect the price of cyclohexane, can directly influence cyclohexanone prices.
- Demand from End-User Industries: The demand for cyclohexanone largely comes from the production of nylon, which is used in a variety of industries such as textiles, automotive, and electronics. Any growth or decline in these industries can affect cyclohexanone demand and prices.
- Geographical Factors: The production and consumption patterns of cyclohexanone vary globally. Regions with booming textile and automotive industries, such as Asia, particularly China and India, may exhibit higher demand and prices.
- Regulatory Impact: Environmental regulations concerning the production and use of organic solvents like cyclohexanone can impact production costs and market prices. Stricter regulations can increase production costs and, consequently, the price of cyclohexanone.
- Economic Cycles: Economic downturns or booms can impact industrial production and consumption patterns, thus affecting cyclohexanone demand and prices.
- Supply Chain Issues: Disruptions in the supply chain, whether due to logistic issues, geopolitical tensions, or pandemics, can affect the availability and price of cyclohexanone.
For real-time and specific data, companies often consult specialized market research reports or subscribe to databases that track chemical commodity prices, as these details can change rapidly depending on market conditions.
Industrial Uses Impacting Cyclohexanone Price Trends:
Cyclohexanone is a critical chemical intermediate used in numerous industrial processes, primarily in the production of synthetic fibers and plastics. Its price trends can be influenced by several factors linked to these uses:
- Nylon Production: Cyclohexanone is a key raw material in the production of nylon, specifically for the synthesis of adipic acid and caprolactam, which are precursors to nylon 6 and nylon 6,6. Fluctuations in the demand for nylon, influenced by the textile and automotive industries, significantly impact cyclohexanone prices.
- Resin and Coatings: It is also used in the manufacturing of resins and coatings, which are employed in the construction and automotive sectors. Any growth or downturn in these industries can directly affect cyclohexanone demand and pricing.
- Solvent Use: Cyclohexanone serves as a solvent in the paint and dye industries. Changes in regulations regarding solvent emissions can influence its use patterns and prices.
- Global Supply Chain: The global supply chain dynamics, including raw material availability, manufacturing capacities, geopolitical factors, and logistic costs, also play crucial roles. For instance, disruptions in supply from major producers or changes in trade policies can create price volatility.
- Environmental Regulations: Increasingly stringent environmental regulations concerning chemical production and solvent emissions can lead to higher production costs or force shifts to less regulated regions, affecting global market dynamics.
Understanding these factors helps in predicting how cyclohexanone prices might move and enables industries to plan accordingly.
Key Players:
- BASF SE
- OSTCHEM
- Honeywell International Inc
- UBE INDUSTRIES, LTD.
News & Recent Development
- 29th May 2023– The cyclohexanone benchmark price reached 9320.00 RMB/ton, from the previous 9510.00 RMB/ton declining by -2.00%. This decline was caused by weak feedstock benzene prices, frail demand, lower transaction focus, and high availability of product availability.
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