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

10-04-2024 02:51 PM CET | Chemicals & Materials

Press release from: IMARC Group

Hexene Prices

Hexene Prices

๐—›๐—ฒ๐˜…๐—ฒ๐—ป๐—ฒ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐—œ๐—ป ๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ
โ€ข ๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ: $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 "๐—›๐—ฒ๐˜…๐—ฒ๐—ป๐—ฒ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ถ๐—ป๐—ด ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ: ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ, ๐—–๐—ต๐—ฎ๐—ฟ๐˜, ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ฒ๐˜„๐˜€, ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ, ๐—›๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐——๐—ฎ๐˜๐—ฎ," 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.

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด:

โ€ข ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—•๐—ถ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:ย https://www.imarcgroup.com/hexene-pricing-report/requestsample

๐—›๐—ฒ๐˜…๐—ฒ๐—ป๐—ฒ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ

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.

๐—›๐—ฒ๐˜…๐—ฒ๐—ป๐—ฒ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€

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.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—”๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22358&flag=C

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€:

โ€ข ๐—”๐˜€๐—ถ๐—ฎ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โ€ข ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
โ€ข ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: United States and Canada
โ€ข ๐—Ÿ๐—ฎ๐˜๐—ถ๐—ป ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โ€ข ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜ & ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

๐—ก๐—ผ๐˜๐—ฒ: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:
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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