The Cyclohexanone Price Index: A Key Indicator for Market Insights
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:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the cyclohexanone in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The cyclohexanone price index, including India Cyclohexanone price, USA Cyclohexanone price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Cyclohexanone Price Trend:
Cyclohexanone is mainly employed as a solvent which facilitates the production of various compounds like caprolactam, adipic acid, and hexamethylenediamine, which are all used in nylon making. As the nylon market is witnessing rapid demand due to its application in end-use industries, like textile, automotive, and packaging, it will also boost demand for cyclohexanone. The chemical also works as a solvent to produce a few medicines, insecticides, and other chemical compounds. Other factors furthering the market expansion include a rising population, lifestyle changes and the increasing demand for food and agricultural goods.
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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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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