Prices of Cyclohexane have witnessed a depreciation of approximately x.xx in the third week of January xxxx in the European market after witnessing an incline of more than xx on a week-on-week basis during the first half of January xxxx. The prime reason attributed to the appreciation in the prices of Cyclohexane (during xst half of January) is attributed to the increments in the prices of feedstock Benzene which inclined by approximately xx and the market and continuing bullish trend as evidenced by the prices which further increased by approximately xxx during the third week of January xxxx.
The prime reason attributed to the depreciation in the prices of Cyclohexane in the third week of January xxxx, was attributed to the low demand from the downstream Caprolactam, Cyclohexanone, and Adipic Acid from the textile industry as evidenced by the overall stable prices of the above products with...
