2-Methylpropan-1-ol Price Trend

The carbonylation of propylene produces isobutanol. Hydroformylation, which produces a combination of isobutyraldehyde and butyraldehyde, is the more prevalent process used in industry. Due to limited availability and low inventories, the price of isobutanol in North America increased in the first half of Q1 2022.

The price was observed to be 1990 USD/MT FOB Louisiana at the beginning of the quarter. However, by the end, it was steady due to weak demand from downstream markets such as agriculture, automobiles, and adhesives. Low import demands from Europe and Asia from the United States as a result of the Russia-Ukraine war and oversupply in the region lowered the prices. Prices rose in the first half of Q1 2022 as a result of the impact on supply caused by low raw material costs and logistics issues throughout the region.

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Procurement Resource provides latest prices of 2-Methylpropan-1-ol. 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.

Chart Description:

Procurement Resource provides prices of 2-Methylpropan-1-ol for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About 2-Methylpropan-1-ol:

2-methylpropan-1-ol, is a type of alcohol derived from renewable organic materials (biomass) such as corn, wheat, and sugarcane. This biofuel was developed to assist in hastening the transition to renewable transportation fuels that reduce overall greenhouse gas (GHG) emissions. When blended with gasoline, isobutanol can be used to fuel automobiles and other vehicles. It can be blended with gasoline or ethanol to improve biofuel performance in a fuel blend.

Chemical Formula:

  • C4H10O

Synonyms:

  • 1-Propanol, 2-methyl-1-Hydroxymethylpropane
  • Isopropylcarbinol
  • Isobutyl alcohol
  • Isobutanol

Molecular Weight:

  • 74.12 g/mol

Industrial Uses:

  • Adhesives and sealant chemicals
  • Agricultural chemicals (non-pesticidal)
  • Corrosion inhibitors and anti-scaling agents
  • Fuels and fuel additives
  • Intermediates

Production Processes:

  • Production of 2-Methylpropan-1-ol from Propylene via Carbonylation

Carbonylation is accomplished through the hydroformylation method, which yields an isobutyraldehyde mixture. This mixture is hydrogenated further to separate the alcohols, resulting in the formation of 2-methylpropan-1-ol.

Supplier Database:

  • BASF SE
  • Eastman Chemical Company
  • Gevo
  • Butamax Advanced Biofuels LLC
  • Sahara PCC

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.

Methodology:

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-Methylpropan-1-ol See more

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