The ICIS Butadiene report is published for Asia, Europe and the US, though the Crude C4s section is published only for Europe and the US.
All price assessments, news and market intelligence are provided by our team of locally based reporters. Our trusted and independent information offers you reliable coverage that can be used as a vital tool when making important commercial evaluations.
Updated to Q1 2019
Butadiene (BD) supply in Asia in the first quarter of 2019 is expected to ease as BD plants in China are expected to resume production following their turnarounds in the fourth quarter of 2018. Deep-sea supply from Europe and the Middle East is also expected to increase, with cargoes from these regions heading to Asia ahead of the Lunar New Year holidays in early February.
Demand for butadiene (BD) is mixed in the first quarter of 2019. Spot interest is expected to pick up for January shipments on re-stocking ahead of the Lunar New Year holidays in early February. However, it is unclear whether demand will remain firm after the Lunar New Year holidays, given concerns over the ongoing trade war between the US and China, the world’s two largest economies.
Sentiment regarding European butadiene supply is fairly mixed. The US-China trade war uncertainty could keep buying sentiment cautious and slow so there could be ample availability at least during the first half of the quarter if exports to Asia remain limited. However, a fairly heavy raft of planned cracker and BD unit turnarounds will be getting underway in the spring so output will undoubtedly be constrained. The market could swing between a balanced to tight or balanced to long supply situation.
Demand for Europe’s butadiene volumes should be better than that seen in the previous quarter but there is a great deal of uncertainty on how strong the pull might be from key end-market Asia which impacts both BD as well as BD’s derivatives. Domestic consumers will likely fulfill all contractual obligations – higher volumes have been contracted in 2019 according to some suppliers – at least in the run-up to and during the spring maintenance season. There is also likely to be some added demand as some players impacted by the low Rhine water levels last year, catch-up.
US butadiene (BD) supply levels are expected to continue to improve during the first quarter of 2019. New crackers coming on line will increase supplies of feedstock crude C4 (CC4) and, in turn, BD. In addition, crude price weakness could keep cracking of heavier feedstocks economic if sustained.
US butadiene (BD) demand should pick up during the first quarter of 2019 in line with typical seasonal patterns. Lower US prices relative to earlier in 2018 could spur demand from downstream styrene butadiene rubber (SBR) buyers as lower costs would allow them to better compete with SBR import prices.
We offer the following regional Butadiene – C4s analysis and news coverage to keep you informed of factors and developments affecting prices in the Butadiene – C4s marketplace.
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 settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
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.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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 Butadiene – C4s, 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.
The major source of butadiene is as a by-product in the steam cracking of naphtha and gas oil to make ethylene and propylene.
Butadiene is a colourless, non corrosive liquefied gas with a mild aromatic or gasoline-like odour. It is slightly soluble in water, more soluble in methanol and ethanol, and soluble in most common organic solvents such as acetone, ether, benzene, and cyclohexane. It readily polymerises in the presence of sodium or oxygen.
Butadiene is used to produce synthetic rubbers and polymer resins, as well as a few chemical intermediates. The largest uses are styrene butadiene rubber (SBR) and polybutadiene rubber (BR), mostly used in tyres and automobiles.
The major source of butadiene is as a byproduct in the steam cracking of naphtha and gas oil to make ethylene and propylene. The butadiene is extracted from the C4 cracker stream using extractive distillation.
Other uses include acrylonitrile-butadiene-styrene (ABS) resins, styrene-butadiene latex and block copolymers, nitrile rubber, and adiponitrile (ADN).
LONDON (ICIS)--Petrochemical and polymer prices began to fall in September last year and generally continued the downward march in January. The ICIS...Read
LONDON (ICIS)--Falling petrochemical and polymer prices in the US and northwest Europe helped drive down the ICIS Petrochemical Index (IPEX) for...Read
SINGAPORE (ICIS)--Some petrochemical markets in China are underpinned by prospects of restocking following the Lunar New Year, as inventory drawdowns...Read
With new 2019 speakers already confirmed from CEFIC, Morgan Stanley, Grupa Azoty and Enpro Supply Chain Management to name a few, make the most of their extensive knowledge and prepare for what comes next.