The U.S. *-Ethylhexyl Nitrate (*-EHN) market remained under downward pressure throughout June ****, with prices declining as weaker diesel blending demand, comfortable import availability, and lower production costs weighed on market sentiment. According to ChemAnalyst, CFR Houston *-EHN prices fell by *.*** to USD *,***/MT in June, down from USD *,***/MT in May, reflecting subdued buying activity across major downstream sectors and sufficient product availability in the domestic market.
The *-EHN market entered June with healthy inventories after European and Southeast Asian suppliers increased cargo shipments to the U.S. Gulf Coast. Additional import arrivals during the first half of the month improved supply conditions, while exporters continued offering competitive discounts to secure prompt sales. This combination of ample availability and aggressive pricing reduced the urgency for buyers to enter the spot market, leading to lower transaction values throughout the month.
Demand from the...
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