What is driving the recent price divergence between cyclohexane and its feedstock benzene?

What is driving the recent price divergence between cyclohexane and its feedstock benzene?
Cyclohexane pricing in China has shown a notable divergence from its upstream feedstock, with pure benzene prices edging down while cyclohexane prices tick up. This suggests tightening supply conditions for cyclohexane itself, likely due to reduced operating rates or logistical bottlenecks at key production hubs. Downstream demand remains steady, particularly from the nylon chain and solvent applications. The spread between benzene and cyclohexane is a key margin indicator for producers, and the current widening points to improved profitability for merchant sellers. However, sustainability depends on whether benzene weakness persists and whether downstream buyers accept higher prices without cutting orders.