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 Q4 2014
The average yearly European cyclohexane (CX) quarterly delta price in 2014 will be its highest ever yearly average level, ICIS analysis showed.
This marks the second consecutive year of record-high average CX quarterly delta prices.
The CX delta has been increasing because of consolidation in the European CX market. Benzene contract prices have been increasing in the long term because of lower pyrolysis gas yields.
The rises in the average CX quarterly delta comes at a time when spreads in the rest of the polyamide chain have been squeezed by weak demand and high feedstock costs.
Whilst trading at their highest ever average CX delta price, European CX contract prices in 2014 to date have also been trading within their narrowest ever yearly range. Downstream caprolactam (capro) prices have shown a similar trend this year.
In the US, CX prices came down over Q3, following the decline in the feedstock benzene.
Looking ahead though, US CX is expected to continue its decline in Q4. Sources said with new benzene production coming on line in Asia, the US market may continue to see good availability as well.
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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.