US *-Hexene posted a sharp monthly gain in February as downstream restocking, firm export enquiries, and upstream cost pressure combined to tighten prompt availability. Early February saw a spot rally as ethylene costs climbed and Gulf Coast suppliers exercised operating discipline, limiting spot volumes while converters rebuilt pipelines after the holiday lull.
Mid-month, integrated units operated without unplanned outages, but producers trimmed February spot nominations ahead of scheduled second-quarter maintenance. At the same time, logistical frictions, including longer waits at the Panama Canal and rerouted shipments via the Suez Canal reduced prompt *-Hexene availability in the domestic market. Late-month dynamics included terminal inventory drawdowns and minor regulatory compliance measures that further tightened near-term *-Hexene supply.
Demand for comonomer-grade *-Hexene from polyethylene converters remained the primary support throughout the month. Film and packaging producers resumed full operating schedules, while increased call-offs for metallocene polyethylene (mPE) and LLDPE...
Leave a Comment
Comments (0)