Get the latest insights on price movement and trend analysis of 1,3- Butadiene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The price trends for Butadiene remained strong in the Chinese domestic market. The robust demand from the downstream rubber and elastomer industries helped keep prices afloat despite the supply-side constraints caused by the Russian invasion of Ukraine. With shortages of raw materials, inflated freight charges and low production rates ( Covid-19 restrictions), the prices of Butadiene and its feedstock shot up. However, despite the heightened prices, the market sentiment remained strong, which caused the prices of 1,3-Butadiene to increase.
The cost of feedstock ethylene averaged 1346-1356 USD/MT CFR in North and South East Asia. Moreover, towards the end of the second quarter, the 1,3-Butadiene prices began to stabilize as crude oil prices and supply constraints relaxed. The prices of Butadiene averaged around 11000 RMB/MT in North China towards the end of June 2022.
The Russian conquest of Ukraine unleashed a huge economic backlash in the European arena, whose repercussions were felt globally. The prices of almost all the commodities inflated owing to the western retaliatory sanctions and European embargo on Russian oil. The trade bottlenecks in the Black Sea further delayed the cargoes triggering an energy crisis in Europe.
Despite the climbing feedstock prices, the Butadiene market remained strong due to the solid demand from downstream automotive sectors. The 1,3- Butadiene prices averaged around 1350 USD/MT FD Hamburg. However, towards the end of the second quarter, these constantly rising costs plateaued due to the substitute shipments from Africa and Latin American nations. The prices stabilized around 1385-1395 FD Northwestern Europe.
Initially, at the beginning of the current year, the butadiene prices were low owing to the reduced market sentiments, low production costs and vast stockpiles in the market. However, the prices began to soar in March due to the increasing costs of crude oil and natural gas.
These increased costs increased production costs as the feedstock prices exploded along with the power costs required to maintain constant outputs from refineries. Towards the end of the first quarter, the price of Butadiene averaged 1445 USD/MT FD Texas. These price trends remained strong during the second quarter due to the intense market demands from the automotive and resin factories.
Procurement Resource provides latest prices of 1,3-Butadiene. 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
1,3-Butadiene is a volatile and colourless gas with a petrol-like odour. It is immiscible with water but is readily soluble in organic solvents like acetone, benzene, etc. It serves as feedstock for various polymerization reactions but is primarily used in manufacturing synthetic rubber ranging from shoe soles to tires in the automotive industry.
|Industrial Uses||Synthetic Rubber, Adhesives, Sealants, Asphalt, Polymers, Plastics including acrylics|
|Synonyms||Biethylene, Divinyl, Vinyl ethylene|
|Molecular Weight||54.0916 g/mol|
|Supplier Database||Sinopec, Braskem, Shell Chemical,, CNPC, BASF, LyondellBasell, Ineos OandP|
|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.
C4 hydrocarbon production method: Mostly, 1,3-Butadiene is obtained during the stream cracking ethylene process as one of the by-products. The crude C4 stream is fed into the butadiene extraction zone, where the desired product is extracted via extractive distillation. The amount of product depends on the quality and quantity of feed used. Higher feed like naphtha results in a higher concentration of butadiene plus other derivatives.
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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