Recently, the environmental protection policy has become tighter and tighter, and those highly toxic solvents can not stay, and methyl cyclohexane, a low-toxic environmental solvent, has begun to emerge. Downstream industries such as coatings, rubber and electronics are expanding, and demand for methylcyclohexane is increasing rapidly, especially in China, the world's largest consumer market. Technological progress has not been idle, and what efficient catalysts and continuous distillation technology have raised the capacity of a large section. However, the price of toluene is like a roller coaster, which has a big impact on the cost.
In March this year, the price of methylcyclohexane fell a little from the previous year's high, mainly because supply and demand were temporarily less tight, coupled with the correction in crude oil prices. However, in the long run, environmental protection and technological upgrading will cost money, and the cost pressure is still there. In the future, although the short-term price may fluctuate, the long-term market is still bullish. Environmental protection policies are pushing it forward, and technological upgrades and emerging applications (such as hydrogen storage and biomedicine) will fuel it. Enterprises must seize the high value-added areas, the supply chain to make a solid.
