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Cyclopentane prices at FOB Shanghai surged to USD *,*** per metric ton for the week ending March **, ****, posting an extraordinary **.*** weekly gain of USD *** from the prior week**;s level of USD *,*** per metric ton 鈥 marking one of the sharpest single-week advances in China**;s cyclopentane market history and confirming a dramatic structural repricing event triggered by the ongoing Middle East conflict.
The primary driver behind the extraordinary weekly surge was the catastrophic disruption to China**;s naphtha and benzene feedstock supply chains following the Strait of Hormuz blockade. Cyclopentane is manufactured through the catalytic cracking of cyclohexane at high pressures and temperatures in the presence of alumina 鈥 with cyclohexane itself derived from benzene hydrogenation 鈥 making cyclopentane production costs acutely and directly sensitive to crude oil, naphtha, and benzene price movements. With Brent crude breaching USD *** per barrel...
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