Whichever regional Butanediol markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Butanediol markets are provided by our network of reporters based locally in those markets.
Use ICIS information to:
- See what’s driving prices
- Understand fluctuations
- Feed into your own analytical models
- Confidently negotiate deals
- Underpin settlements and contracts
Butanediol news and market information products from ICIS
We offer the following regional Butanediol coverage to keep you informed of factors and developments affecting prices in the Europe Butanediol marketplace.
Price Reporting – More information about the price reports we publish on Butanediol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Butanediol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q4 2017
Fourth-quarter contract negotiations settled at increases, although the level varied depending on source and starting point. Players settled at double-digit to triple-digit increases due to supply shortages amid high demand. European producer Ashland lifted its force majeure on BDO production at Marl, Germany at the start of the quarter. Meanwhile, International Diol Co's (IDC) lengthy force majeure declared in April was lifted in mid-November. Market tightness in the fourth quarter gradually eased as supply became more available during the second half of the quarter. The quarter ended with European production running smoothly; steady supply leading to balanced market dynamics.
Demand remained healthy throughout the quarter, and was particularly strong in October due to supply shortages. During November one large polybutylene terephthalate (PBT) facility carried out a month-long planned maintenance. Robust activity downstream was noted in the second-half of the quarter, with the automotive and electronics industries performing well. Although supply levels improved gradually during the quarter, demand remained steady and the traditional December slowdown in buying activity was not felt in the market. The year ended with consistently healthy demand ahead of the first-quarter 2018 contract negotiations.
Updated to Q4 2017
US BDO prices jumped more than 40% in 2017, largely because of late-summer plant issues in Europe and the US, with a fire at an Ashland plant in Germany and Hurricane Harvey in the US.
Ashland declared force majeure on BDO production from its Marl, Germany, site in August after a fire at the plant, though the company has since lifted the force majeure.
Harvey’s hit on the Texas coast in late August prompted two US BDO producers – LyondellBasell and INVISTA – to declare force majeure because they have plants near Houston, which suffered torrential rains and flooding from the storm’s aftermath.
Despite the big gain in BDO prices in 2017, whatever happens with first-quarter 2018 nominations will still leave BDO prices in the bottom half of the 10-year chart. Besides supply and production issues, higher BDO prices in Asia have been a big driver behind the rise in US BDO values. The cost of US and European material remains the highest in the world on a per-dollar basis and more than 20 cents/lb higher than South Korean material, but American BDO buyers say tariffs and shipping costs even the score.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Butanediol.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Butanediol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Butanediol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.