Cyclohexanone Pricing Trend and Forecast Professional
1 year ago - Services - Denver - 40 viewsThe Cyclohexanone Pricing witnessed a continuous drop in the US domestic market throughout the third quarter of 2022. The price dropped by 0.9% and was recorded at USD 2120/tonne FOB Texas in the week ending 12th August. The fall in the Cyclohexanone price was backed by the declining upstream Crude values and the feedstock Cyclohexane. Moreover, the demand from the terminal side was weak. The poor purchasing activities from the importing countries dropped, resulting in the stockpiling of the product in the US domestic market. Thus, the manufacturers offered a discounted price to sell off the existing products. Additionally, the requirement for Cyclohexanone dropped from the downstream textile, construction, and other sectors due to poor consumer consumption.
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