The USA Cyclohexanone market remained stable, supported by balanced demand and steady supply dynamics during early November. This stability was attributed to consistent domestic production, effective inventory management, and stable consumption across downstream sectors. Despite challenges in the broader economic and manufacturing landscape, including uncertainty due to the ongoing global supply chain disruptions, the Cyclohexanone market demonstrated stability. Demand from key sectors such as nylon, specialty chemicals, paints, and coatings remained steady, while effective supply management helped avoid significant imbalances.

On the supply side, Cyclohexanone production in the USA remained steady, aligning with demand and preventing supply-demand imbalances. Producers and distributors managed Cyclohexanone inventories effectively, avoiding both surpluses and shortages. The rise in benzene prices by 3% could have pressured costs, but the impact was muted due to efficient production practices and stable demand. However, global supply chain disruptions, such as U.S. port congestion and labor disputes, added strain to logistics and raised freight costs. The threat of labor strikes at key U.S. ports in early 2025 further heightened risks to the supply chain.

Demand for Cyclohexanone in the USA stayed relatively stable, with balanced consumption across its key applications. While the demand for adipic acid was moderate and caprolactam demand showed a slight decline, this was offset by stronger demand from other sectors, including nylon and specialty chemicals. In the paint and coatings sector, which is a significant consumer of Cyclohexanone, market conditions remained steady. The overall outlook for Cyclohexanone remained positive, with downstream industries continuing to manage inventories efficiently, which supported stable consumption.

The U.S. manufacturing sector showed signs of stabilization till the last month of Q3 2024 but continued to experience contraction due to political uncertainties surrounding the presidential election. These factors led to a slowdown in new orders and a gradual decline in production. Additionally, global supply chain disruptions, including extended delivery times, impacted the availability of raw materials like Benzene. On the broader economic front, crude oil prices slipped as U.S. oil inventories rose unexpectedly, adding pressure to chemical and manufacturing costs. Despite these challenges, the Cyclohexanone market remained relatively stable.

As per ChemAnalyst Cyclohexanone prices are expected to experience slight fluctuations. In early Q1 of 2025, prices may decline by around 2%, potentially due to inventory surpluses and a reduction in benzene prices. However, prices may see a modest rebound by February and March 2025, driven by improved economic activity and restocking efforts. Seasonal factors, such as increased demand following the holiday season and potential supply disruptions, could contribute to higher prices of Cyclohexanone in the later months of the forecast period.