Product
Hexene Price Trend and Forecast
Hexene Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Hexene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The raised crude oil and natural gas prices during the first quarter directly influenced the petrochemical prices. The increased upstream operating costs, port congestions, and supply shortages cause the prices of Hexene to inflate throughout the Asia-pacific region. During the first quarter, hexene prices averaged between 3300 USD/MT to 3140 USD/MT. In the second quarter, crude oil prices fell due to the global demand stability and supply enhancement; hence, hexene prices stabilized and plateaued.
Europe
The hexene prices initially soared due to the high crude oil prices and robust demand from the polyolefins market. The hexene prices averaged 3940 USD/MT during the first quarter. However, with the relaxation in the upstream operating costs and muted demand from the downstream LLDPE industry, hexene prices declined to an average of 3385 USD/MT in the second quarter.
North America
During the year's first half, the US domestic market registered an oscillating price trend for Hexene. Initially, the prices rose owing to the high upstream operating costs averaging 3595 USD/MT; however, the prices declined during the second quarter due to the muted market sentiments and the looming speculations of a global recession.
Procurement Resource provides latest prices of Hexene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Hexene is an organic compound belonging to the alkenes group. It consists of six carbon atoms in the chain with a double bond at the first position. It is a colorless liquid with a petroleum-like smell and is insoluble in water. Hexene is highly flammable and is a dangerous fire hazard. It is a common irritant, and prolonged exposure can cause nausea, dizziness, and even unconsciousness. It is used to synthesize polymers, resins, paints, dyes, etc.
Product Details
| Report Features | Details |
| Product Name | Hexene |
| HS CODE | 29012990 |
| CAS Number | 592-41-6 |
| Industrial Uses | Polymers, Chemical Intermediates, Paints/Coatings, Resins, Fuel Additives, Perfumes, Flavoring Agent |
| Chemical Formula | C6H12 |
| Synonyms | 1-Hexene, n-Hexene, Hex-1-ene |
| Molecular Weight | 84.16 g/mol |
| Supplier Database | Royal Dutch Shell, SABIC, Linde Group, Chevron Phillips Chemical Company, Dow Chemical Company |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Hexene from Sasol process; from Oligomerization of ethylene
In oligomerization, a monomer is converted into macromolecular complexes through a finite degree of polymerization. Ethylene molecules in the presence of a suitable catalyst are combined to form chains of an even number of atoms.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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