Texas (USA): In the second week of April xxxx, the Cyclohexanone market in the USA experienced notable developments, with prices witnessing a x.xx increase to USD xxxx per metric ton, FOB Texas. This uptick in prices occurred amidst several market dynamics impacting both supply and demand.
Market participants reported average inquiries from downstream industries, indicating a steady level of demand for Cyclohexanone. Furthermore, an uptick in manufacturing activities contributed to improved availability of finished goods to meet market demand. Despite these positive indicators, manufacturers refrained from adjusting prices, as they foresaw no significant developments in demand for the immediate future.
One notable factor affecting the market dynamics was the downward trend in Benzene prices on the upstream front. This trend added complexity to the pricing dynamics of Cyclohexanone, as changes in Benzene prices often influence the production costs of Cyclohexanone.
Economic conditions in the USA...
