Al -Jubail (Saudi Arabia): In the past few weeks, x-hexene prices have experienced a notable decline. This bearish trend in x-hexene pricing is largely attributed to reduced trading activities and ongoing contract negotiations for the latter half of xxxx. Ethane prices saw a modest increase of xx throughout the month, while ethylene prices remained relatively stable, showing a slight xx rise month-over-month. In the Saudi Arabian market, x-hexene FOB Al-Jubail prices dropped by USD xxx/MT, representing a xx decrease. On the demand front, the x-hexene market remained stable yet declining, influenced by subdued polyethylene prices. The supply chain for x-hexene largely involves Mediterranean and Middle Eastern sources supplying Europe, while deliveries to Asia have moderated due to rising freight costs on the Asia-Mediterranean route and lower availability of liquid tankers in the Indian Ocean from the Red Sea.
The market situation for x-hexene in Saudi Arabia has...
