n-Hexane Prices: During the second quarter of 2023 | ChemAnalyst

Chemanalyst07 Aug, 2023Business

The n-hexane prices in the second quarter of 2023 showed mixed trends with the overall bearish outlook in the American markets owing to the sentiments related to the crude oil market. The value per unit quantity(USD/ton) exported from American ports fluctuated, showing mixed trends with a variation of USD 1.5220659 per ton to USD 1.4940663 per ton from April to June noted at the American ports, which is further expected to follow the similar trend in direct relation with the crude oil price fluctuations as n-hexane is produced directly from crude oil through precision refining and distillation that is subsequently used in extraction processes for solvents such as soybeans, flax, peanuts, and safflower seed.