ICIS has a network of locally based reporters providing coverage of regional Cyclohexane markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
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We offer the following regional Cyclohexane coverage to keep you informed of factors and developments affecting prices in the Europe Cyclohexane marketplace.
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Updated to Q4 2016
The European cyclohexane (CX) Q4 delta contract was confirmed at a decrease of €2.5/tonne from the third quarter.
Supply in the market is plentiful, linked to an influx of imports in Q3 and production running well in Europe. Although demand was fairly healthy for the majority of Q4, there was some length in supply.
Players continue to await the closure of SABIC’s Wilton facility, which is said by sources to be stopping production at the end of 2016. The producer is expected to supply material from stocks for a period after the stoppage, although there has been no confirmation from the producer.
Once the closure takes place, the European market will become more reliant on imports, with some expecting less available spot material from European producers. As SABIC has the largest nameplate capacity in Europe at 330,000 tonnes/year, there are concerns that the closure will cause a short-term imbalance in the market. With supply plentiful in other regions, imports in 2017 are expected to increase to make up for the loss.
Although demand remains reasonable, buyers are managing inventory levels to avoid heading into the new year with additional material.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Cyclohexane.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Cyclohexane. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
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