Qingdao (China): The price of n-Hexane continued to decline after mid-May xxxx due to low demand and decreased procurement activities in the domestic market of China. This trend followed an initial rise in prices earlier in the month, driven by strengthened cost support from feedstock naphtha, supply disruptions, and robust domestic demand during the festival season. Despite an increase in China鈥檚 exports and improvements in the manufacturing sector, the n-hexane market saw a shift in dynamics as demand from end-use industries, particularly food, began to wane. Factors such as global oil price fluctuations, influenced by geopolitical tensions and economic policies, also contributed to the market&#xx;s volatility.
In the third week of May, the price of n-Hexane decreased due to weak cost support from feedstock naphtha and low downstream demand. The market atmosphere post-Labor Day holiday was light, with fewer inquiries from the food sector, indicating a temporary...
