US 1-Hexene Prices Drop in Early May by 3% as Supply Conditions Improve

US Gulf Coast *-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 *-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 *-Hexene sentiment to soften gradually and move toward a more sustainable trading rhythm.

By mid-May *-Hexene DEL US Gulf settled near USD *,***/tonne, down by ** as compared to April, marking a measured pullback after April’s *.*** surge. The easing trend emerged as converters wrapped up their pre-summer comonomer builds, reducing immediate demand for *-Hexene in metallocene and LLDPE production.

In April, the pickup in film and stretch-wrap orders had prompted converters to boost metallocene-grade...