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 x.xx, 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 x.xx days. Delays in the WGQ terminals were over two days, while YSx and YSx terminals waited for three days. Even the relatively less congested YSx and YSx terminals had delays of x-x.x days. These choke points caused slow turnover of materials and lengthened delivery cycles, which had the effect of constricting Cyclohexane supplies in...
