Octene Price Trend Analysis 2026: Historical Prices, Price Drivers, Supply Demand Analysis, Latest News & Market Insights

Udeesha Tomar profile photo
Written ByUdeesha Tomar

Procurement Resource Database

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Asia

In Asia, Octene prices in the second half of 2024 moved in a fluctuating pattern, closely linked to the changing feedstock ethylene market. At first, prices stayed fairly steady because supply and demand for ethylene were balanced, and downstream industries were running without major disruptions.

However, conditions shifted later in the period. Weak demand for several ethylene-based products, including resins and plastics, pushed ethylene prices down, which added downward pressure on Octene as well. Large cargo availability and slow buying interest also created a softer market sentiment.

At the same time, some regional plant shutdowns limited ethylene supply in certain areas, preventing prices from falling too sharply. In India, the market felt slightly stronger toward the end of the period as domestic demand improved, giving mild support to Octene values. Overall, Asia showed a stable to soft trend driven mainly by uneven ethylene fundamentals.

Europe

In Europe, Octene prices in H2’24 followed the region’s weaker ethylene conditions. The market was weighed down by slow industrial activity, high inventories, and muted confidence among buyers. Even when feedstock costs increased at certain points because of firmer crude and naphtha markets, buyers were hesitant to accept higher offers. This kept Octene prices under pressure.

The overall sentiment stayed soft as producers reduced operating rates to prevent further oversupply. Support from specialty and packaging sectors helped balance the market slightly, but not enough to change the general downward tone.

North America

North America saw a more divided trend during this period. Early in H2, Octene prices dipped as ethylene supply was high and demand stayed slow. But the market changed direction later when several unplanned outages tightened ethylene availability.

Weather-related disruptions and increased export movement added upward pressure. This helped Octene prices recover after a soft start, although demand from downstream plastic and chemical producers remained steady rather than strong.

About Octene

Octene is an invisible liquid organic compound. The double bond in the alkene is in the alpha (primary) position, giving it increased reactivity and consequently, valuable chemical features. Alkenes are classed as higher olefins and alpha-olefins. Octene is one of the crucial linear alpha olefins.

Octene Product Detail

Hs Code
2901290
Chemical Formula

C8H16

Cas Number
111-66-0
Molecular Weight
112.21 g/mol
Industrial Uses

Production of surfactants, Production of synthetic fatty acids, Production of plasticizers

Synonyms

1-octene

Supplier Database

Shell Chemicals, Exxon Mobil Corporation, Evonik Industries, LG Chemicals, Sasol Limited, The Dow Chemical Company

Regional Coverage

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

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-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.

Octene Production Processes

  • Production of Octene via Catalytic Dimerisation

In this process, octene is produced by dimerising butene.

About the Author

Udeesha Tomar profile photo

Udeesha Tomar

AVP - Strategy and Solutions

Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.

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