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The supply of cyclohexane in China remained stable throughout the week. The supply capacity was sufficient, and the operations were smooth. But there was a major change in the cost of the product. The prices of benzene, the major raw material used to produce cyclohexane, increased by *.**, which affected the cost of the product. As a result of this, the suppliers increased the Cyclohexane prices.
Logistics further increased the tightness. The Shanghai port remained congested, with the average waiting time for vessels over a seven-day period at *.** days. Delays in the WGQ terminals were over two days, while YS* and YS* terminals waited for three days. Even the relatively less congested YS* and YS* terminals had delays of *-*.* days. These choke points caused slow turnover of materials and lengthened delivery cycles,鈥倃hich had the effect of constricting Cyclohexane supplies in...
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