US Gulf Coast *-Hexene markets shifted into a softer phase through the first half of May as downstream activity eased and supply conditions improved following April鈥檚 tightness. After a month marked by strong pre-summer stocking, converters and polyethylene producers moderated their intake, leaving the *-Hexene market with reduced urgency and a more balanced tone. The early-May environment reflected a natural correction as buyers stepped back from April鈥檚 aggressive procurement pace, allowing *-Hexene sentiment to soften gradually and move toward a more sustainable trading rhythm.
By mid-May *-Hexene DEL US Gulf settled near USD *,***/tonne, down by ** as compared to April, marking a measured pullback after April鈥檚 *.*** surge. The easing trend emerged as converters wrapped up their pre-summer comonomer builds, reducing immediate demand for *-Hexene in metallocene and LLDPE production.
In April, the pickup in film and stretch-wrap orders had prompted converters to boost metallocene-grade...
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