Hexene Prices, News, Chart, Index, Monitor and Forecast

𝗛𝗲𝘅𝗲𝗻𝗲 𝗣𝗿𝗶𝗰𝗲𝘀 𝗜𝗻 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮
• 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮: $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 "𝗛𝗲𝘅𝗲𝗻𝗲 𝗣𝗿𝗶𝗰𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰: 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱, 𝗖𝗵𝗮𝗿𝘁, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗡𝗲𝘄𝘀, 𝗗𝗲𝗺𝗮𝗻𝗱, 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗗𝗮𝘁𝗮," 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.

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/hexene-pricing-report/requestsample

𝗛𝗲𝘅𝗲𝗻𝗲 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱

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.

𝗛𝗲𝘅𝗲𝗻𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀

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.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗔𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22358&flag=C

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
• 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼: (D) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
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.

This release was published on openPR.