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Heightened Demand and Supply Constraints Impact European Cyclohexanone Market

Heightened Demand and Supply Constraints Impact European Cyclohexanone Market

Robert Hume 27-Mar-2024

Hamburg (Germany): Amid evolving market dynamics, the European Cyclohexanone sector has witnessed significant fluctuations in recent weeks, driven by a confluence of factors shaping supply and demand. Cyclohexanone prices in the Netherlands and Germany experienced minor increases, reflective of stable construction activity and constrained supply chains. This surge, attributed to heightened demand for paints, resins, and adhesives, underscores the sector&#xx;s resilience amidst external challenges.

In the Netherlands, Cyclohexanone prices closed at USD xxxx/MT, FD Rotterdam, driven by limited material availability and escalating raw material costs. Heightened construction activity in Germany, bolstering demand, resulted in prices closing at USD xxxx/MT, FD Hamburg. The rise in raw material costs, particularly benzene, coupled with escalating freight charges, compounded pricing dynamics. Import and export dynamics also played a role in shaping domestic prices.

Cyclohexanone prices saw a slight increase due to heightened construction activity driving demand for paints and adhesives....

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