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U.S. Gulf Coast 1-Hexene prices eased in the first half of May as downstream demand softened and supply conditions improved following April’s tightness. Converters and polyethylene producers slowed their intake after completing pre-summer builds, reducing immediate pull on the market. Packaging-sector momentum that had fueled April’s strength normalized, leaving buyers more selective. Stabilizing upstream operations and the resolution of earlier outages helped restore availability, while terminal inventories began to recover. Export interest remained steady but less aggressive due to logistical constraints. Overall, the market shifted from a supply-driven rally to a more balanced and mildly corrective phase.
US Gulf Coast x-Hexene markets shifted into a softer phase through the first half of May as downstream activity eased and supply conditions improved following April’s tightness. After a month marked by strong pre-summer stocking, converters and polyethylene producers moderated their intake, leaving the x-Hexene market with reduced urgency and a more balanced tone. The early-May environment reflected a natural correction as buyers stepped back from April’s aggressive procurement pace, allowing x-Hexene sentiment to soften gradually and move toward a more sustainable trading rhythm.
By mid-May x-Hexene DEL US Gulf settled near USD x,xxx/tonne, down by xx as compared to April, marking a measured pullback after April’s x.xxx surge. The easing trend emerged as converters wrapped up their pre-summer comonomer builds, reducing immediate demand for x-Hexene in metallocene and LLDPE production.
In April, the pickup in film and stretch-wrap orders had prompted converters to boost metallocene-grade...
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