Cyclopentanone Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Cyclopentanone in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Cyclopentanone Price Trend for the Second Half of 2023

The cyclopentanone prices closely mimicked the market behavior of its feedstock material, adipic acid. In the Asian market, the cyclopentanone price curve started at lower levels since the supplies were ample, and the demands were struggling throughout this quarter. As the fourth quarter began, the consumption saw a significant improvement from the surfactant industries. However, the upstream costs followed a reverse trail and started falling during this quarter, rallying behind the slumping costs of adipic acid. This created a buoyant situation in the cyclopentanone market, particularly in the Indian and Chinese markets. Overall, mixed market sentiments were witnessed for cyclopentanone in H2’23.

Cyclopentanone Price Chart

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Analyst Insight

According to Procurement Resource, the Cyclopentanone price trend is not expected to alter much going forward. The supplies are sufficiently capable of catering to current downstream demands, and thus, not much inclination is projected in the cyclopentanone market.

Cyclopentanone Price Trend for the First Half of 2023

The price trend for Cyclopentanone are readily influenced by any fluctuations in that of its feedstock adipic acid prices. Cyclopentanone prices were observed to be fluctuating throughout the discussed period of H1’23. Lackluster demands from downstream chemical, flavoring, and fragrance industries were the primary market drivers for Cyclopentanone.

In the Chinese market, though, the prices had a strong start since there was some fresh demand in the market because of the Chinese Lunar New Year holidays, but soon after, the price trend turned south as the demand dipped in the middle of the first quarter and continued to waver at the lower end for the rest of the second quarter as well.

The availability of heavy inventories and dampened demands didn’t give any hope to the Cyclopentanone traders in the European and American markets throughout the said period. Overall, dull market sentiments were observed for Cyclopentanone.

Analyst insight

According to Procurement Resource, Cyclopentanone prices are expected to continue these depreciating trend since the dull demands continue to influence the market.

Procurement Resource provides latest prices of Cyclopentanone. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.