The global Hexene market exhibited mixed trends in the latter half of September, with firm pricing in the United States, contrasted by declines in Europe and Asia. These shifts were driven by varying regional factors, including supply disruptions, seasonal demand fluctuations, and logistical challenges.
Hexene prices in the U.S. remained firm throughout late September, primarily due to production constraints caused by a series of hurricanes that disrupted supply chains along the U.S. Gulf Coast (USGC) and Louisiana. Hurricane Francine, followed closely by Hurricane Helene, resulted in a xxx reduction in the supply of key petrochemicals, including Hexene and its precursor, Ethylene. This supply shortfall coincided with increased stocking activities by U.S. suppliers, who sought to buffer inventories ahead of the impending economic uncertainties associated with the upcoming presidential elections.
The recent xx basis point rate cut by the U.S. Federal Reserve, while anticipated to influence broader...
