Press release
Hexene Prices, News, Chart, Index, Monitor and Forecast
๐๐ฒ๐ ๐ฒ๐ป๐ฒ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐๐ป ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎโข ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎ: $1661 /MT
The hexene prices in the Saudi Arabia for Q4 2023 reached 1661 USD/MT in December.
The latest report by IMARC Group, titled "๐๐ฒ๐ ๐ฒ๐ป๐ฒ ๐ฃ๐ฟ๐ถ๐ฐ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ฌ๐ฎ๐ฐ: ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ, ๐๐ต๐ฎ๐ฟ๐, ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ฒ๐๐, ๐๐ฒ๐บ๐ฎ๐ป๐ฑ, ๐๐ถ๐๐๐ผ๐ฟ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐๐ฎ๐๐ฎ," provides a thorough examination of hexene prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ข๐ณ๐ณ๐ฒ๐ฟ๐ถ๐ป๐ด:
โข ๐ ๐ผ๐ป๐๐ต๐น๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐: Annual Subscription
โข ๐ค๐๐ฎ๐ฟ๐๐ฒ๐ฟ๐น๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐: Annual Subscription
โข ๐๐ถ๐ฎ๐ป๐ป๐๐ฎ๐น๐น๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐: Annual Subscription
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:ย https://www.imarcgroup.com/hexene-pricing-report/requestsample
๐๐ฒ๐ ๐ฒ๐ป๐ฒ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ
Hexene is an alpha-olefin primarily used as a comonomer in the production of polyethylene, particularly linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE). It is a critical component in enhancing the flexibility, strength, and durability of plastic products. The global hexene market is driven by the rising demand for LLDPE and HDPE across industries like packaging, automotive, and construction. Increasing emphasis on sustainable packaging solutions and growth in infrastructure projects are boosting demand for hexene-based products. Trends in the market include technological advancements in production processes and the growing adoption of bio-based hexene to reduce environmental impact.
๐๐ฒ๐ ๐ฒ๐ป๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
In Q4 2023, hexene prices in North America experienced a bearish sentiment, with feedstock ethylene and energy prices also declining. The market faced oversupply issues, and demand for polyethylene grades weakened due to high inventory levels triggered by rising interest rates from the US Federal Reserve. Despite some resilience in retail consumption, the construction market showed gradual recovery towards the end of December, but the Suez Crisis contributed to a further slowdown in demand as uncertainties increased.
In Europe, hexene prices followed a bearish trend in Q4 2023, influenced by oversupply from the US and China. Leading producers like INEOS and LyondellBasell reduced operating capacities due to lower demand from the construction and automotive sectors. Ethylene prices dropped significantly, with imports from the US and the Middle East stabilizing prices. The region also faced tightening supply chains due to the Suez Canal crisis and weaker demand driven by lower renovation and construction activities.
Asia Pacific's hexene prices declined by the end of Q4 2023. While feedstock ethylene prices remained stable through October and November, demand for hexene/ethylene copolymers weakened due to reduced construction activities and subdued automobile sales. China's continued expansion of hexene production, despite low demand, and the South Korean and Japanese markets remained weak. Trade with North America showed marginal improvements, yet export orders to Europe were low due to high shipping costs and weak demand.
The Middle East Asia hexene market experienced bearish trends in Q4 2023, with prices dropping due to oversupply and weak global demand. Saudi Arabia saw notable price declines, driven by oversupply and economic challenges, including inflation and geopolitical instability. The Israel-Hamas conflict added to market uncertainties, leading to weaker demand. Despite steady supply levels, companies held back on restocking, awaiting further market developments in early 2024.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22358&flag=C
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐:
โข ๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โข ๐๐๐ฟ๐ผ๐ฝ๐ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
โข ๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ: United States and Canada
โข ๐๐ฎ๐๐ถ๐ป ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โข ๐ ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐๐ฎ๐๐ & ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
๐ก๐ผ๐๐ฒ: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
๐ง๐ฒ๐น ๐ก๐ผ: (D) +91 120 433 0800
๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐: +1-631-791-1145
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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