Raffinate 1 + 2 Prices, markets & analysis
If you buy or sell Raffinate 1 + 2 or related products, you need up-to-date global pricing data and the background information to help you understand it.
Our network of price reporters across Asia, Europe and the US enables us to deliver this. We publish their insights in our comprehensive daily and weekly price reports, plus we offer the news and analysis you need to put pricing information into context.
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Raffinate 1 + 2 news and market information products from ICIS
We offer the following regional Raffinate 1 + 2 analysis and news coverage to keep you informed of factors and developments affecting prices in the Raffinate 1 + 2 marketplace.
Price Reporting – More information about the price reports we publish on Raffinate 1 + 2
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Raffinate 1 + 2
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Raffinate 1 + 2
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Raffinate 1 + 2: Market overview
Raffinates 1 and 2 are byproducts of ethylene and propylene production in a cracker. The European markets are structurally thin, as most companies keep it for captive use or are locked into long-term contracts.
Raffinate 1 is used in the manufacture of a variety of polymers, such as polyisobutylene (PIB) and butyl rubber as well as fuel components, such as methyl tertiary butyl ether (MTBE) and alkylate gasoline.
Raffinate 2’s main use is methyl ethyl ketone (MEK). Butene 1 can be extracted from it and this is a feedstock for linear low density polyethylene (LLDPE).
Values for both raffinates are firm but stable, driven primarily by healthy demand into gasoline blending, but also by crude C4 feedstock constraints, because of reduced operations at ethylene-led crackers and the shift elsewhere to lighter feedstocks that do not produce C4.
Updated to mid-May 2013
News & analysis
Raffinate 1 + 2 news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
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- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
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About Raffinate 1 + 2
Raffinate 1 and 2 are the streams produced from the processing of crude C4 olefins made as a by-product of ethylene manufacture from the steam cracking of liquid hydrocarbons such as naphtha and gas oil. Crude C4s typically contain butadiene, isobutene (isobutylene), butene-1, butene-2 and butane.
After butadiene is extracted from the crude C4 olefins, the remaining mixture of products (isobutene, butene-1, butene-2 and butane) is called Raffinate 1. After isobutene is removed from the Raffinate 1 stream, the remaining mixture of products is called Raffinate 2.
Isobutene from the Raffinate 1 stream is used in the manufacture of a variety of polymers such as polyisobutene (PIB) and butyl rubber, and fuel components such as methyl tert-butyl ether (MTBE) and gasoline alkylate.
Major polymer end uses include sealing compounds and adhesives for plastic products, protective coatings and cable insulating materials.
The n-butene from the Raffinate 2 stream can be used in the manufacture methyl ethyl ketone (MEK). Butene-1 is used as a comonomer in the production of linear low density polyethylene (LLDPE). Butene-2 can be converted to propylene in a metathesis (olefins conversion) plant.