Decene Acid Prices and Forecasts | Provided by Procurement Resource
In the first half of 2023, crude oil and gas prices initially declined due to reduced demand, lowered feedstock costs, and ample inventories. This negatively impacted the petrochemical sector, including Decene, with prices maintaining a bearish trend. However, a rebound occurred in the second quarter as demand increased with diminishing stocks and buyer hoarding. The market saw a significant turnaround as Saudi Arabia's output cut announcement in July aimed to stabilize the oil market, leading to an upward price trend for Decene and other petrochemicals by the end of the second quarter. Request for Real-Time Decene Acid Prices: https://www.procurementresource.com/resource-center/1-decene-price-trends/pricerequest Definition Decene is a crucial organic compound belonging to the category of linear alpha olefins, which are widely used as raw materials in the production of various industrial and consumer products. With its chemical formula C10H20, decene is characterized by a chain ...