For the Quarter Ending March 2026
Cyclohexanone Prices in North America
- In the USA, the Cyclohexanone Price Index rose by 3.77% quarter-over-quarter, driven by benzene costs.
- The average Cyclohexanone price for the quarter was approximately USD 1494.00/MT, indicating balanced fundamentals overall.
- Cyclohexanone Spot Price reaction remained muted while Production Cost Trend rose due to benzene inflation.
- Cyclohexanone Price Forecast turned cautious as geopolitical risks elevated freight and insurance, supporting tighter offers.
- Inventory positions and steady export flows influenced the Cyclohexanone Price Index, limiting immediate downward pressure.
- Cyclohexanone Demand Outlook stayed stable with caprolactam and adipic acid consumption maintaining routine procurement schedules.
- Domestic operating rates remained normal, so Production Cost Trend shifts drove offers rather than outages.
- Imports and Gulf logistics functioning normally helped moderate Cyclohexanone Spot Price sensitivity to short-term demand.
Why did the price of Cyclohexanone change in March 2026 in North America?
- Benzene feedstock increases raised variable production costs, transmitting upward pressure through Gulf-Coast cyclohexanone margins domestically.
- Strait of Hormuz closure and geopolitical events elevated freight and insurance, tightening benzene supply chains.
- Balanced downstream demand and normal plant runs limited merchant buying, moderating spot price despite inflation.
Cyclohexanone Prices in APAC
- In Japan, the Cyclohexanone Price Index rose by 3.62% quarter-over-quarter, supported by firmer export enquiries.
- The average Cyclohexanone price for the quarter was approximately USD 1556.67/MT, underpinning contracted domestic volumes.
- Cyclohexanone Spot Price tightened late March as domestic runs near capacity reduced available spot volumes.
- Cyclohexanone Price Forecast points to modest upside risk if benzene feedstock and freight costs persist.
- Cyclohexanone Production Cost Trend moved higher as benzene jumped and hydrogen and shipping expenses increased.
- Cyclohexanone Demand Outlook remained subdued with contracted caprolactam purchases and measured regional solvent sector inquiries.
- Cyclohexanone Price Index movements reflected restrained operating rates, balanced inventories and steady term export contracts.
- Cyclohexanone Spot Price volatility may rise if Strait of Hormuz disruptions elevate insurance and freight.
Why did the price of Cyclohexanone change in March 2026 in APAC?
- Sharp benzene feedstock cost increases raised variable production costs and pressured producer margins in March.
- Domestic near-capacity runs limited incremental spot availability while exporters held firm offers, tightening apparent supply.
- Measured export enquiries and earlier cargo securing reduced late month spot buying, increasing market sensitivity.
Cyclohexanone Prices in Europe
- In Germany, the Cyclohexanone Price Index rose by 0.71% quarter-over-quarter, reflecting modest feedstock and demand balance.
- The average Cyclohexanone price for the quarter was approximately USD 1423/MT, reflecting seasonal equilibrium across suppliers.
- Domestic inventories remained close to seasonal norms while Cyclohexanone Spot Price indicators showed limited upward momentum.
- Producer offers rose modestly as Cyclohexanone Production Cost Trend tightened due to recent benzene and energy increases.
- Market commentary flagged stronger export enquiries and a cautious Cyclohexanone Demand Outlook supporting firmer negotiating positions.
- Short term Cyclohexanone Price Forecast suggests modest gains as feedstock-driven costs persist and supply strains emerge.
- Operators maintained stable run-rates; the Cyclohexanone Price Index reflected tight offers amid balanced domestic and export flows.
- Logistics and Rhine barge congestion risks, plus freight uncertainty, influenced distributor margins and Cyclohexanone Spot Price resilience.
Why did the price of Cyclohexanone change in March 2026 in Europe?
- Benzene feedstock jumped sharply, elevating production costs and prompting sellers to lift cyclohexanone offers consistently.
- Domestic supply stayed balanced but export restocking and regional arbitrage tightened prompt availability in March.
- Logistical concerns from Strait of Hormuz disruptions and higher freight insurance elevated input cost uncertainty.
For the Quarter Ending December 2025
Cyclohexanone Price in North America
- In USA, the Cyclohexanone Price Index rose by 1.86% quarter-over-quarter, as feedstock costs slightly tightened.
- The average Cyclohexanone price for the quarter was approximately USD 1439.67/MT, per Gulf Coast assessments.
- Cyclohexanone Spot Price remained range-bound in December due to steady domestic demand and constrained imports.
- Cyclohexanone Price Forecast indicates modest month-to-month changes driven largely by benzene feedstock and freight pressures.
- A firmer Cyclohexanone Production Cost Trend reflected higher benzene values and increased marine bunker surcharges.
- Cyclohexanone Demand Outlook remains supportive from caprolactam and adipic acid sectors, sustaining procurement and restocking.
- Inventories and exports shaped the Cyclohexanone Price Index, with Asian parity tightening US domestic volumes.
- Major US producers ran near normal throughput, yet maintenance and logistics intermittently tightened spot availability.
Why did the price of Cyclohexanone change in December 2025 in North America?
- Tighter benzene supply and late-November refinery maintenance increased feedstock costs, reducing spot offers and margins.
- Improved Asian export competitiveness from freight shifts and surcharge changes altered import volumes and availability.
- Resilient caprolactam and adipic acid procurement kept inventories lean, allowing cost increases passed through quickly.
Cyclohexanone Price in APAC
- In Japan, the Cyclohexanone Price Index fell by 0.33% quarter-over-quarter, reflecting mild bearish pressure amid subdued demand.
- The average Cyclohexanone price for the quarter was approximately USD 1502.33/MT, based on weekly Osaka assessments.
- Cyclohexanone Spot Price remained range-bound at Osaka, supported by steady domestic production and consistent import volumes.
- Cyclohexanone Price Forecast indicates mild upward bias driven by firmer benzene and LNG-linked energy costs.
- Cyclohexanone Production Cost Trend showed higher variable costs from benzene and hydrogen, tightening seller margins.
- Cyclohexanone Demand Outlook remains steady with normal caprolactam and nylon converter procurement, limiting speculative restocking.
- Cyclohexanone Price Index reflected narrow volatility, two-week stock coverage and disciplined exporter pricing to Southeast Asia.
- Export demand supported market balance as yen weakness sustained USD-denominated FOB offers, preserving Japan producer competitiveness.
Why did the price of Cyclohexanone change in December 2025 in APAC?
- Higher benzene and LNG-linked energy costs raised production cash-costs, nudging FOB offers upward in December.
- Balanced domestic output with steady exports to Southeast Asia stabilized supply, preventing significant price declines.
- Efficient logistics and adequate inventories limited disruptions, while yen weakness supported dollar-denominated export competitiveness marginally.
Cyclohexanone Price in Europe
- In Germany, the Cyclohexanone Price Index rose by 2.22% quarter-over-quarter, supported by balanced supply conditions.
- The average Cyclohexanone price for the quarter was approximately USD 1413.00/MT, reflecting balanced supply conditions.
- Cyclohexanone Spot Price remained range-bound as imports and domestic output balanced, limiting short-term volatility effectively.
- Cyclohexanone Price Forecast indicates modest upside risk from benzene-driven cost pressure and constrained logistics near-term.
- Cyclohexanone Production Cost Trend saw upward pressure as benzene feedstock costs firmed during the quarter.
- Cyclohexanone Demand Outlook remains balanced with steady fiber and solvent demand, offsetting textile-derived softness locally.
- Cyclohexanone Price Index performance reflected disciplined seller behavior and sufficient inventories across Rhine-adjacent terminals regionally.
- Export demand to Central and Eastern Europe supported flows while producers operated at moderate capacity.
Why did the price of Cyclohexanone change in December 2025 in Europe?
- Stable domestic production and sufficient imports prevented shortages, keeping upward pressure limited despite feedstock rises.
- Rising benzene costs and port congestion at Hamburg increased producer cash costs and logistical premiums.
- Balanced downstream demand with cautious procurement limited speculative buying, leading to stable quotations in December.
For the Quarter Ending September 2025
North America
- In USA, the Cyclohexanone Price Index fell by 1.26% quarter-over-quarter, reflecting weaker adipic acid consumption.
- The average Cyclohexanone price for the quarter was approximately USD 1413.33/MT, FOB Texas market basis.
- Cyclohexanone Spot Price moved sideways amid balanced domestic output and import parity pressures, keeping transactional activity measured.
- Cyclohexanone Price Forecast indicates modest downside risk near term, constrained by stable inventories and predictable feedstock costs.
- Cyclohexanone Production Cost Trend eased as benzene and cyclohexane feedstock prices softened, relieving immediate cost-push inflation.
- Cyclohexanone Demand Outlook remains mixed with caprolactam weakness offset by steady adipic acid procurement supporting baseline offtake.
- Cyclohexanone Price Index exhibited modest volatility as export competitiveness, freight cost increases, and currency moves influenced seller behaviour.
- Major producers reported stable operations, sustaining supply; this limited tightness and tempered Cyclohexanone Price Index upside.
Why did the price of Cyclohexanone change in September 2025 in North America?
- Domestic benzene and cyclohexane feedstock declines reduced production costs, exerting downward pressure on prices in September.
- Weaker caprolactam demand and adipic acid destocking lowered offtake, contributing to muted price movement in North America.
- Strong domestic operability, ample inventories, and favourable logistics limited spikes despite some freight and export competitiveness changes.
APAC
- In Japan, the Cyclohexanone Price Index rose by 5.41% quarter-over-quarter, due to tighter export flows.
- The average Cyclohexanone price for the quarter was approximately USD 1507.33/MT, FOB Osaka assessment, rounded.
- Cyclohexanone Spot Price remained stable, supported by balanced inventories and steady export demand from buyers.
- Cyclohexanone Price Forecast suggests modest range-bound movement, contingent on benzene feedstock and logistical disruptions factors.
- Cyclohexanone Production Cost Trend stayed neutral as benzene costs showed minimal volatility throughout the quarter.
- Cyclohexanone Demand Outlook remains stable with nylon and coatings sectors maintaining routine procurement and offtake.
- Cyclohexanone Price Index showed limited volatility as port operations and domestic plants operated consistently throughout.
- Weak yen increased import benzene costs, pressuring export margins while domestic producers maintained disciplined selling.
Why did the price of Cyclohexanone change in September 2025 in APAC?
- Localized logistical constraints at Yokohama caused delays, tightening short-term supply and supporting price firmness marginally.
- Downstream offtake from coatings and nylon improved modestly, elevating procurement and underpinning demand-driven price support.
- Benzene feedstock costs showed limited upward pressure, keeping production cost trend neutral-to-supportive for sellers overall.
Europe
- In Germany, the Cyclohexanone Price Index fell by 6.07% quarter-over-quarter, pressured by significant logistics disruptions.
- The average Cyclohexanone price for the quarter was approximately USD 1382.33/MT, reflecting broadly stable supply conditions.
- Balanced supply amid steady exports supported the Cyclohexanone Spot Price despite port and rail congestion.
- Inventory builds and cautious buying shaped the Cyclohexanone Price Index and muted spot market volatility.
- Stable benzene and cyclohexane moderated the Cyclohexanone Production Cost Trend, limiting immediate cost-push inflation pressure.
- Downstream caprolactam and adipic acid demand kept volumes steady in the Cyclohexanone Demand Outlook for Q3.
- Short term scheduling risks and terminal delays drive the Cyclohexanone Price Forecast towards mild volatility.
- Major domestic producers running steady rates reduced risk while export flows influenced Cyclohexanone Price Index dynamics.
Why did the price of Cyclohexanone change in September 2025 in Europe?
- Rail and terminal congestion in Hamburg and Bremerhaven delayed deliveries and significantly pressured regional availability.
- Moderate feedstock benzene movements and stable cyclohexane removed significant cost-push pressure on local producers, limiting pass-through.
- Steady downstream offtake coupled with inventory accumulation limited buying urgency in September, softening price momentum.
For the Quarter Ending June 2025
North America
- Cyclohexanone Price Index averaged USD 1503/MT, FOB Texas during Q2 2025, down 3% compared to Q1 2025's average with the prices exhibiting a mixed trend—dropping in April, leveling off in May, and increasing modestly in June.
- The Cyclohexanone Price Index dropped in the initial part of Q2 on account of weak downstream demand from caprolactam and adipic acid markets in conjunction with stable-to-low raw material prices and healthy inventories.
- The April and early May Cyclohexanone Demand Outlook was cautious and remained subdued with muted consumption by textiles, engineering plastics, and solvents. Tariff uncertainty and inflationary pressure restrained restocking.
- A mid-May rise in the Cyclohexanone Price Index was supported by rising benzene costs, increased transpacific freight rates, and global price recovery in Europe and Asia.
- The Cyclohexanone Production Cost Trend remained stable through much of Q2, with falling cyclohexane prices and relatively steady benzene inputs providing cost consistency.
- By late May and June, Cyclohexanone prices stabilized as solvent demand and adipic acid consumption offset weak caprolactam pull; domestic supply was balanced with no major outages.
- Stable production and logistics ensured consistent availability, while restrained export activity amid global oversupply limited pricing power for U.S. producers.
- The Q2 trend concluded with upward pressure from firm automotive demand and rising benzene feedstock values in June, anchoring a modest incline in the Cyclohexanone Price Index.
- Cyclohexanone Price Forecast for July 2025 indicates further upside due to expected increases in benzene contract prices, resilient demand from polyamide and polyurethane sectors, and potential Gulf Coast shipping constraints linked to summer logistics bottlenecks.
APAC
- Cyclohexanone Price Index in China declined by 12% from Q1 2025, with Q2 2025 average assessed at USD 942/MT, FOB Qingdao, reflecting a mixed trend — early-quarter declines followed by a mild recovery toward the end of June.
- The Cyclohexanone Price dropped sharply in April and early May due to weak downstream demand from caprolactam and solvent sectors, leading to oversupply and high inventories.
- Cyclohexanone Demand Outlook remained muted for most of Q2, with downstream buyers adopting cautious procurement strategies, limiting spot transactions, and drawing on existing stocks.
- A temporary rebound occurred mid-May, supported by a rise in benzene feedstock costs, but failed to sustain as upstream support weakened again by late May.
- Cyclohexanone Production Cost Trend was volatile through Q2; initial relief from falling benzene prices was offset by cost pressures from feedstock fluctuations and freight increases in late May and June.
- June saw a moderate upward shift in the Cyclohexanone Price Index, driven by stable caprolactam offtake, recovered adipic acid demand, and tightened supply amid scheduled maintenance at upstream crackers.
- Export interest improved modestly in late Q2 due to tariff-related frontloading, while inventory control efforts by producers helped prevent further price erosion.
- Cyclohexanone Price Forecast for July 2025 indicates a potential price increase, supported by rising raw material benzene values, constrained supply from delayed cracker restarts, and seasonal restocking demand from nylon and solvent industries.
Europe
- Cyclohexanone Price Index averaged USD 1413/MT, FD Hamburg in Q2 2025, reflecting a sharp 15% decline from Q1 2025’s average due to persistent oversupply, logistical constraints, and stagnant downstream demand, especially from caprolactam and adipic acid sectors.
- Cyclohexanone Demand Outlook remained weak throughout Q2, with no substantial recovery from end-use sectors like Nylon 6, 6,6, or automotive and textiles. Procurement stayed limited to operational needs, reflecting caution amid economic uncertainty.
- Cyclohexanone Production Cost Trend was downward in Q2, with falling benzene prices—settling around USD 700/MT by May—allowing suppliers to cut prices to maintain competitiveness amid low margins.
- Logistical disruptions at Hamburg and Bremerhaven ports, including Labour Day closures, yard congestion, and rail interruptions, created delivery backlogs that contributed to stock build-up and pressured sellers to offer discounts.
- Temporary price firming in mid-May was observed due to a surge in benzene costs and intensified port delays. However, this was short-lived, and the Cyclohexanone Price Index returned to its downtrend in late May and June.
- Inventory pressure worsened through June as terminal delays, low caprolactam operating rates, and minimal export activity extended product dwell times, forcing domestic sellers into destocking at lower price levels.
- By end-June, weak industrial activity (e.g., falling car registrations, sluggish textile output) and reduced offtake kept prices depressed despite relatively stable Cyclohexane feedstock costs.
- Cyclohexanone Price Forecast for July 2025 indicates a likely increase in the Price Index driven by anticipated production cuts in Northwest Europe, seasonal rebound in coatings and adhesives demand, and tightening inventories post-rail maintenance.
