Isoprene, also known as 2-methyl-1,3-butadiene, is a colourless, volatile liquid hydrocarbon produced from petroleum or coal tar processing and utilised as a chemical raw material. The price of petroleum coke from local refiners climbed substantially on March 25th with Shandong's average market price being 4,851.25 RMB/MT. The cost of downstream electrolytic aluminium somewhat decreased, whereas the cost of calcined coke increased. At the moment, the pandemic in Shandong has had minimal influence and downstream carbon factories have resumed operations one by one. As the market for petroleum coke is strong, prices are increasing, affecting the prices of isoprene as well.
Procurement Resource provides latest prices of 2-Methyl-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.
Procurement Resource provides prices of 2-Methyl-1,3-butadiene for several regions around the globe, which are as follows:
Isoprene is a fairly common organic compound that is also known as 2-methyl-1,3-butadiene. In its pure form, it is a colourless volatile liquid. Isoprene is an unsaturated hydrocarbon. It is produced by many plants and animals, and its polymers are the principle component of natural rubber.
Thermal cracking of naphtha occurs in this process to produce 2-methyl-1,3-butadiene.
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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).
Procurement Resource also provides the detailed production cost analysis of 2-Methyl-1,3-Butadiene See more