Cyclohexane Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Cyclohexane market, whether you buy or sell Cyclohexane or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Cyclohexane overview Transcript
Cyclohexane is a chemical that is mostly used really as a feedstock for other chemicals. The feedstocks for cyclohexane, there’s really one, its benzene. Cyclohexane production is mostly based on the catalytic hydrogenation of benzene because of its simplicity and high efficiency.
Nearly all cyclohexane in North America is consumed internally. These products are mostly used to make nylon 6, or nylon 6,6 or even caprolactam.
The key driver in this market, of course is benzene, which is factored in to an industry-based formula which is used by ICIS.
ICIS has a contract price for the US which is updated monthly.
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Cyclohexane news and market information products from ICIS
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Cyclohexane: Market overview
Updated to Q3 2014
European cyclohexane (CX) producers are targeting Q3 delta contract price rises of €20-40/tonne because of ongoing tight supply in the market. Nevertheless, negotiations are at an early stage.
CX supply remains extremely tight as a result of CEPSA’s force majeure at its 180,000 tonne/year Huelva, Spain plant.
CEPSA’s Huelva CX plant has been under force majeure since early May, following production problems, which are believed to have begun in the week ending 25 April.
CEPSA is aiming to be back to full production at Huelva by end-August following a catalyst change, a company source previously confirmed. There was no update on the production situation this week.
Coupled with the CEPSA force majeure, there has been widespread talk in recent weeks of production problems at a second European CX producer, which was previously denied at source.
The US CX market is expected to follow direction from the feedstock benzene market as usual.
For benzene, though, market expectations are volatile moving into the third quarter. Some trade sources have said they expect benzene prices to come down from highs seen late in the second quarter, while others expect the market to remain strong in the front month moving forward.
Participants added that the benzene market not may subside again until South Korea looks to send monthly imports of at least 70,000 tonnes a month.
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Cyclohexane news & analysis
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Cyclohexane (CX) is a colourless mobile liquid with a mild etheral odour. It is flammable and immiscible with water.
The major outlet for CX is in the production of cyclohexanol and cyclohexanone, which are then used mainly to make intermediates such as adipic acid (used mainly to make nylon 6,6 fibre) and caprolactam (to make nylon 6) respectively.
Cyclohexane is also utilised as a solvent for lacquers and resins; paint and varnish remover; in the extraction of essential oils; in analytical chemistry for molecular weight determination; in the manufacture of cyclohexanol, cyclohexyl chloride, nitrocyclohexane, solid fuel for camp stoves; synthetic rubber solvent; in industrial recrystallisation of steroids and in fungicidal formulations.
Smaller outlets for CX include its use as a solvent, a reaction diluent and in chemical synthesis. It is also a starting material for KA Oil (cyclohexanone-cyclohexanol mixture) and can substitute benzene in some applications.