This chart shows Butenes price assessments in USA Dollar per metric ton (USD/mt) in 6 locations, as follows:
- Butenes, US (United States): Butenes, export transaction price, fob, United States
- Butenes, EUR (Europe): Butenes, export transaction price, fob, Germany
- Butenes, NEA (Northeast Asia): Butenes, export transaction price, fob, South Korea
- Butenes, SEA (Southeast Asia): Butenes, import transaction price, cif, Thailand
- Butenes, SAM (South America): Butenes, export transaction price, fob, Brazil
- Butenes, MDE (Middle East): Butenes, import transaction price, cif, Saudi Arabia (netforward from fob Germany)
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Butenes.
Data Use
Butene prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
Data Delivery Methods
Butene price assessments are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
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Butene Price Outlook
Butene Price Outlook. The price of Butenes (United States) decreased during May 2020 to 656 USD per metric ton, which represents a considerable decline of 14% compared to the previous month’s value. On a year-over-year basis, the prices of Butenes (United States) decreased significantly by 31%. Meanwhile, the average price of Butenes (Southeast Asia) amounted to 611 USD per metric ton, from 1,100 USD per metric ton one year earlier. On a month-over-month basis, the price of Butenes (Southeast Asia) is 20% lower than the price one month before.
The price of Butenes (Middle East) rose considerably throughout May 2020, reaching 491 USD per metric ton. The price is 10% higher than the average price in the previous month and 44% lower than the average price one year before. In contrast, the prices of Butenes (Europe) increased significantly during May 2020, reaching 458 USD per metric ton, which means a rise of 10% from the previous month’s price and a decline of 43% from the previous year’s price.
The prices of Butenes (Northeast Asia) experienced a decline of 28 USD per metric ton from the prior month's price, to 497 USD per metric ton. Such price movement meant a decrease of 5% on a monthly basis and a decrease of 46% on a yearly basis. On the other hand, in May 2020, the price of Butenes (South America) witnessed a rise of 70 USD per metric ton when compared against the previous month's price, to 1,550 USD per metric ton. The May 2020 price did not change when compared to the previous year's price.
About Butene
About Butene. Butene (a.k.a. Butenes, Butylene) refers to a range of linear isomeric olefins (1-butene, cis-2-butene, trans-2-butene). It a colorless, flammable mixture, insoluble in water, but soluble in most organic compounds. The isomers hardly occur naturally and have been known since the end of the nineteenth century. They are usually coproduced as a single mixture and are formed as byproducts of petroleum cracking for gasoline manufacture or catalytic dehydrogenation of butanes. For this reason, butenes production grew rapidly with the growth of cracking processes.
Butene Handling. Butenes are usually stored and transported as pressurized liquids in steel cylinders, steel drums, road tankers, pressure gas tank wagons and tank containers. They can also be transported in pipelines or barged.
Butene Production. Raw materials and the respective production processes employed in the manufacturing of Butene are listed below.
- Ethylene (dimerization process),
- Propylene (metathesis, coproduced with ethylene),
- Thermal refining process, butenes is a byproduct
Butene Uses. The uses and applications of Butene may vary according to its specification. The main forms of Butene are technical grade (95% minimum purity); chemically pure (CP, 99% minimum purity); and research grade (99.4% for 1-butene, 99.8% for cis-butene-2 and 99.9% for trans-butene-2).