1,4-butanediol prices are largely determined by raw material prices, such as propylene, butadiene, n-butane, or maleic anhydride, which are influenced by crude oil, natural gas, or coal feedstock costs.
In Shandong, the price of raw material propylene grew somewhat in the first quarter of 2022, and the offer of firms was increased by 50 RMB/MT. Propylene's current market price in Shandong is between 8400 and 8550 RMB/MT. The price of crude oil moved upward, and cost support was enough, but downstream demand was poor. The polypropylene market demand was weak and there was little potential for propylene to climb further.
In recent years, Asia Pacific has emerged as the world's largest 1, 4-butanediol consumer.. Major developed-country market players are focusing on various strategies that include utilizing low-cost labor and resources in emerging economies such as India, Vietnam, Malaysia, Thailand, and Indonesia.
Procurement Resource provides latest prices of 1,4-Butanediol (1,4-BD). 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.
Procurement Resource provides prices of 1,4-Butanediol (1,4-BD) for several regions around the globe, which are as follows:
1,4-Butanediol, also referred to as 1,4-BD, is a type of organic chemical. It's a colourless viscous liquid that's one of four stable butanediol isomers. Commercially, 1,4-butanediol is utilised as a solvent and in the production of polymers, elastic fibres, and polyurethanes. In organic chemistry, 1,4-butanediol is used to synthesise γ-butyrolactone.
The catalytic reforming of naphtha occurs throughout this phase. The formation of 1,4-dimethylbenzene is achieved through a succession of distillation, adsorption or crystallisation, and reaction processes involving m-xylene, o-xylene, and ethylbenzene.
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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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