Chat with us, powered by LiveChat

Butanol Price Trend and Forecast

Procurement Resource provides latest prices of Butanol. 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.

Butanol Regional Price Trend

Get the latest insights on price movement and trend analysis of Butanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Butanol Price Trend for the Second Quarter of 2022


Asia

In the Asian region, the price trends of butanol fluctuated, with prices in China falling by roughly 5% on a quarterly basis and rising by 5.3% in India. The substantial supply shortages and worldwide inflation negatively impacted the petrochemical industry and feed propylene.

In the first half of Q2, increased imports of Russian crude oil in the area had a detrimental effect on petrochemical pricing and lowered product costs. However, due to a considerable drop in upstream costs in the area and shaky demand from plasticizer producers, prices jumped somewhat in the middle of the second quarter before declining near the end of the second quarter.

Europe

During the second quarter, there were significant price swings for Butanol, and its cost increased by 25.5% over the prior quarter. Upstream expenses soared by 20% in the first half of the quarter as a result of upstream supply reductions in the area and upstream inflationary increases at the beginning of the quarter.

Values, however, slightly decreased in the middle of the quarter as a result of a decline in downstream phthalate and paint industry demand for oxo alcohols. Then, prices began to somewhat increase toward the end of Q2 as a result of an increase in the cost of fuel and energy in the area as well as increased production values.

North America

The pricing trend for Butanol continued to follow the pattern from the previous quarter, and product prices increased steadily during the second quarter of 2022, representing a quarterly increase of 15.5% from the first quarter. Costs significantly increased at the start of the quarter as a result of rising feed prices for propylene and upstream naphtha.

After that, the monthly increase became less noticeable, and until the conclusion of the quarter, butanol prices increased. Because North America is the world's top producer of electric vehicles and because the construction and EV car sectors are based there, there has been a steady demand for butanol from phthalate and paint solvent producers.

Analyst Insight

According to Procurement Resource, the prices of Butanol are expected to be on the slightly positive side in the second half. The major propellent of its prices is portended to be in the form of higher upstream costs, apart from stanchioned demands. Moreover, the prices could be backed by the upward thrust in the downstream demands on the back of the construction sector.

Butanol Price Trend For the First Quarter of 2022


Asia

In the first quarter of 2022, ethanol prices in the northern market increased in tandem with feed (corn) prices. In comparison to Q4 of 2021, prices in Q1 of 2022 increased by 20%. Strong demand from downstream pharmaceuticals and cosmetics influenced its price in Asia positively.

As a result of the tensions between Russia and Ukraine, feedstock supply was disrupted, causing ethanol makers to raise their production costs. Prices in China at the end of the first quarter of 2022 were 1175 USD/ton, ex-Shanghai. Furthermore, China's adoption of a lockdown has temporarily halted ethanol output. As a result of feedstock supply disruptions, butanol prices also witnessed an increasing trend.

Europe

Price of ethanol in the European market in the first quarter of 2022 exhibited erratic momentum during the first quarter. Prices were impacted by changing demand from end users such as disinfectants. The war between Russia and Ukraine disrupted the trade route, resulting in a shortage of feed corn and sugarcane, which had a direct proportionate influence on the price of ethanol. They varied from 1075 USD/MT, CFR Hamburg, Germany, to 1055 USD/MT, CFR Hamburg, Germany, in the quarter ending March 2022. Butanol prices followed 

North America

Prices of ethanol in the North American market ranged from 775 USD/MT, FOB Texas to 870 USD/MT, FOB Texas USA at the conclusion of the first quarter of 2022. As tensions between Russia and Ukraine intensified and ethanol makers faced restricted supply from feed (corn) growers, prices fell 19 percent in Q1 of 2022 when compared to Q4 of 2021. Corn prices surged throughout this quarter, and as a result, the cost of producing ethanol soared at the quarter's end, raising butanol prices as well.

Butanol Price Trend For the Fourth Quarter of 2021


Asia

The market in Asia Pacific showed mixed sentiments as butanol prices rose continuously in the region in the fourth quarter of 2021. Its demand increased across Asia Pacific for a variety of reasons. However, the Indian government's determination to increase local ethanol production resulted in a bigger global sugar supply imbalance. Furthermore, GAIL and GACL JV recently established a second-generation Bio-Ethanol factory in Gujrat, India. Ex-Mumbai bids for the chemical were resolved at 810 USD/MT for the quarter ending December 2021, as a result of the ripple effect.

Europe

Since July 2021, the EU Commission has been working on a package of recommendations known as the "Fit for 55 Package" to line with the European Green Deal and European Climate Change Agreement, which sets tighter standards to attain carbon neutrality by 2050. In Europe, however, the persistent energy crisis, low natural gas supplies, and supply worries kept local market sentiments down. In terms of demand, the German market in 2021 failed to match the advances seen in France and the United Kingdom. As a result, bids in the German market remained buoyant. CFR Hamburg's price during the quarter ending in December 2021 was decided at 1056 USD/MT.

North America

The market in North America remained consolidated throughout the fourth quarter of 2021. The demand expectation for local and international markets surpassed production capacities, as high grain prices pushed companies to lower output capacity. Several facilities, on the other hand, announced turnarounds ahead of schedule to avoid high-cost feedstock. Several market participants believe that the present trend will continue during the next quarter. As a result of the ripple effect, ethanol offers climbed to an all-time high in Q4 2021, while FOB California Ethanol conversations reached at 694 USD/MT in November 2021.

For First, Second and Third Quarters of 2021

Asia

Overall demand for the chemical from downstream industries in Asia remained strong in Q1 2021. In China, disinfectants demand remained stable compared to the previous quarter. Furthermore, China purchased a large amount of ethanol from the United States to meet this need. Feedstock corn prices in China were 35-45% higher. Meanwhile, in the Indian market, abundant availability of feedstock sugarcane pushed down ethanol prices for three months in a row, with CFR India prices falling from 883.2 USD/MT in January 2021 to 750 USD/MT in February 2021.

Butanol prices remained constant-to-high throughout the third quarter of 2021. During Q3, there was a disruption in the supply of ethanol, which was influenced by higher freight costs in China. In the month of September, the price of ethanol in India was roughly 726 USD/MT. Due to constant demand from the domestic market and significant stock availability, the price trend in the country remained stable. Market participants stated that the goal of blending 20% ethanol into gasoline is becoming more difficult owing to rising feedstock prices.

Europe

During Q1 2021, prices were sustained by limited supply across the area. Despite the fact that Europe relies heavily on ethanol imports from the United States, product availability has been limited. Due to poor feedstock production and strong exports and domestic demand in the United States, supplies remained low. Meanwhile, demand for disinfectants and sanitizers remained consistent throughout the quarter.

In the third quarter of 2021, the European market saw an increase in the chemical’s price due to poor raw material availability, increased purchasing power, decreased industrial production, and higher logistic expenses. During Q3, the downstream industries' demand for ethanol expanded at an exponential rate. Due to worldwide pressure, butanol prices in the European area have continued to rise.

North America

Due to production cuts and increasing demand from local consumers as well as exports, the price of the chemical has risen in North America. Due to a scarcity of feedstock maize, ethanol prices soared in the first quarter of 2021. Furthermore, the winter season interrupted manufacturing activities throughout the Gulf Coast, resulting in unscheduled shutdowns at many production sites in January and February. Furthermore, due to an unexpected increase in export demand from China, US exports surged.

During Q3, ethanol prices in the region skyrocketed due to a lack of feedstock, transportation challenges, restricted production, and a steady rise in crude oil prices, impacting butanol prices as well. During the quarter, there was an increase in demand from key downstream sectors. Exporters stated that China's demand for feedstock corn surged significantly in Q3 2021, affecting feedstock corn prices in the US market. The regional supply was impacted by some plant turnarounds reported as a result of Hurricane Ida's aftermath. During the last week of September, the FOB price of ethanol in the United States was estimated at 849 USD/MT.

Please Login or Subscribe to explore our dashboard.

About Butanol:

Butanol is a popular fuel for internal combustion engines. Butanol is a C4-hydrocarbon that may be used as a drop-in fuel in cars that were meant to run on gasoline. Butanol comes in four isomers, however the most active commercialization activity is on isobutanol for gasoline mixing. Biobutanol may be mixed readily with gasoline at quantities of up to 11.5 percent by volume.

Product Details:

Report Features Details
Product Name Butanol
Industrial Uses Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvent, Plasticizers
Chemical Formula C4H10O
Synonyms 1-butanol, Butan-1-ol, n-butanol, Butyl alcohol
Molecular Weight 74.12g/mol
Supplier Database BASF (Germany), The DOW Chemical Company (US), Eastman (US), OQ Chemicals (Germany), SASOL (South Africa), BASF PETRONAS (Malaysia), PetroChina (China), Mitsubishi Chemical Company (Japan), SINOPEC (China), KH Neochem (Japan)
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


Production Processes:

  • Production of Butanol from Ethanol

Biobutanol is often produced in ethanol producing plants. The earliest biobutanol facilities were really converted corn ethanol units.

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).

Butanol Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.


Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.


Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy