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 price 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 trend, 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:
The cyclohexanone price trend is significantly influenced by its industrial uses, which play a pivotal role in determining its market dynamics. In recent years, the demand for cyclohexanone has surged due to its widespread applications across various industries. It serves as a crucial intermediate chemical in the production of nylon, coatings, and adhesives, making it indispensable for the manufacturing sector. Additionally, the pharmaceutical and cosmetic industries utilize cyclohexanone in the synthesis of various drugs and fragrances, further boosting its demand. These industrial applications have had a direct impact on the price of cyclohexanone, driving it upwards. Looking ahead, the Cyclohexanone price forecast for 2030 suggests continued growth in price, as the global economy recovers and industries expand. In the shorter term, the Cyclohexanone price forecast for 2024 anticipates a stable yet slightly upward trajectory, driven by steady demand and supply dynamics. However, various factors such as raw material costs, geopolitical events, and environmental regulations will continue to influence these price trends.
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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