This chart shows Polyisobutylene price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Polyisobutylene, EUR (Europe): Polyisobutylene, export transaction price, fob, Germany
- Polyisobutylene, NEA (Northeast Asia): Polyisobutylene, export transaction price, fob, South Korea
- Polyisobutylene, SEA (Southeast Asia): Polyisobutylene, import transaction price, cfr, Singapore (netforward from fob South Korea)
- Polyisobutylene, US (United States): Polyisobutylene, export transaction price, fob, United States
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Polyisobutylene.
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Butyl Rubber 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.
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Butyl Rubber Price Outlook
Butyl Rubber Price Outlook. The price of Polyisobutylene (United States) decreased during May 2020 to 1,280 USD per metric ton, which represents a decline of 4% compared to the previous month’s value. On a year-over-year basis, the prices of Polyisobutylene (United States) decreased modestly by 2%. Meanwhile, the average price of Polyisobutylene (Southeast Asia) amounted to 1,160 USD per metric ton, from 1,560 USD per metric ton one year earlier. On a month-over-month basis, the price of Polyisobutylene (Southeast Asia) is 8% lower than the price one month before.
The price of Polyisobutylene (Europe) rose considerably throughout May 2020, reaching 2,480 USD per metric ton. The price is 8% higher than the average price in the previous month and 31% higher than the average price one year before. In contrast, the prices of Polyisobutylene (Northeast Asia) decreased significantly during May 2020, reaching 1,140 USD per metric ton, which means a decline of 8% from the previous month’s price and a decline of 26% from the previous year’s price.
About Butyl Rubber
About Polyisobutylene. Polyisobutylene (a.k.a. PIB, Butyl Rubber) is a thermoplastic polymer/elastomer, with high viscosity, and for that, its main use is in the lubricant industry. Being extremely viscous also allows polyisobutylene to be used in a variety of products, such as gums, detergents, adhesives and many others. PIB is the core component in butyl rubber (about 98% PIB and 2% isoprene by weight), its second main use. It’s worth noting that it is the only rubber like elastomer that is gas impermeable.
Polyisobutylene Handling. PIB is transported and stored in its liquid, highly viscous form. It is not flammable and very little toxic, although it should be kept away from heat sources, since it might decompose into its monomer, isobutylene, which is extremely flammable. Therefore, the polymer transportation is not regulated at temperature lower than 100°C. It should be stored away from strong acids, oxidizing agents, sources of ignition and direct sunlight. It must be stored in a dry, cool and well-ventilated place. Bulk storage does not require any special measure. The transportation should be done in closed containers that are upright and secure.
Polyisobutylene Production. Raw materials and the respective production processes employed in the manufacturing of Polyisobutylene are listed below.
- Isobutylene (catalyzed polymerization)
Polyisobutylene Uses. The uses and applications of Polyisobutylene may vary according to its specification. The main forms of Polyisobutylene are heavy liquid; medium liquid; and low liquid (depending on the molecular weight of PIB in the solution, ranging from 300 to 250000 amu).