Independent Commodity Intelligence Services logo
  • Commodities

    Chemicals

    • Polyethylene
    • Polypropylene
    • Propylene
    • Ethylene
    • Polyethylene Terephthalate (PET)
    • Recycled PET
    • Methanol
    • Base Oils
    • View More

    Energy

    • Gas
    • LNG
    • Crude Oil
    • Carbon
    • Power
    • Ethanol
    • View More

    Fertilizers

    • Sulphur
    • Sulphuric acid
    • View More

    Commodities

    • View all Chemical commodities
    • View all Energy commodities
    • View all Fertilizers commodities
    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
  • Solutions

    Services

    • ICIS Digital
    • ICIS Analyse & Insight
    • Pricing Intelligence
    • News Service
    • Analytics
    • Recycling & Sustainability
    • Training Courses
    • Conferences

    Bespoke Services

    • Consulting
    • Third Party Platforms

    Your Sector

    • Fast moving consumer goods
    • Plastics Packaging
    • Plastics OEM
    • Paints, coatings and adhesives
    • Pharmaceuticals
    • Rubber products
    • Automotive
    • Financials

    Enquire about ICIS Solutions

    ICIS Reports Glossary

    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
  • Insights

    View All Resources

    • Latest News
    • Blogs
    • ICIS Petrochemical Index (IPEX)
    • Chemical Webinars
    • Energy Webinars
    • Chemical Podcasts
    • Energy Podcasts

    Industry updates

    • Explore our Featured Insights
    • Industry Updates Upcoming Webinars
    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
  • Events

    Events

    • Conferences
    • Training Courses
    • Chemical Webinars & Forums
    • Energy Webinars & Forums
    • Innovation Awards
    • The Chemists’ Club Kavaler Award 2020
    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
  • ABOUT

    About ICIS

    • Contact Us
    • Compliance & Methodology
    • Work for ICIS
    • ICIS and Chemical Data

    Press Releases

    • ICIS has acquired Chemical Data (CDI)
    • ICIS in the News
    • ICIS at Events

     

    Customer Success Stories

    • Testimonials
    • Enhancing supplier negotiations
    • Keeping up with market dynamics
    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
  • Customer login

    Customer Login

    Supply & Demand Database

    ICIS.com/app

    Contact Client Success on clientsuccess@icis.com
    Contact sales
    Speak to ICIS
Home Commodities Chemicals Raffinate-1-2 Raffinate 1 + 2 prices, markets & analysis

Raffinate 1 + 2 prices, markets & analysis

Speak to ICIS
Jump to section
  • Market Overview
  • How we can help
  • Services
  • Methodology
  • About Raffinate 1 + 2
  • News

The reliable and trustworthy Raffinate 1 & 2 report is published weekly by ICIS in Europe. The independent and unbiased spot price assessments cover northwest Europe and commentary can include a general overview, upstream and downstream news, production updates, both planned and unplanned, cracker margins and any other key influencing factors impacting the market at the time of publication.

This market intelligence allows you to keep abreast of news and analysis in order to make confident, informed business decisions.

Market Overview

Updated to Q3 2017

Raffinates 1 and 2 are by-products of ethylene and propylene production in a cracker via butadiene (BD) production. The European markets are structurally thin, as the volumes are kept 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).

Raffinate 1 and 2 supply should be more balanced in the third quarter 2017 as scheduled maintenances at some crackers and butadiene (BD) units will have been completed. However, strong demand from the MTBE sector currently on the back of increased export potential could mitigate any effects.

How we can help

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
Price Reporting – More information about the price reports we publish on Raffinate 1 + 2

Independent price assessments and market coverage by region

  • Europe

Price history
Price History – More information about the historical price data we publish on Raffinate 1 + 2

Track historical price data

  • Europe

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.

Find out more about our services

Services

Find out more about our services

Pricing Intelligence

Pricing information

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:

  • Spot and contract price assessments
  • Market commentary on trends and developments
  • Transactions reported and confirmed
  • Plant and production news

Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.

  • Find out more about ICIS pricing reports >>

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.

  • Find out more about ICIS chemicals forecast reports >>

  • Find out more about ICIS fertilizers forecast reports >>

Dashboard – Easy access to ICIS pricing data

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.

  • Find more about ICIS dashboard >>
  • Find out more about new ICIS data delivery options: Excel Plug-In & API >>

Margin reports

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.

Find out more about ICIS margin reports >>

Supply and Demand Window on ICIS Dashboard

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.

Find out more about the ICIS Supply and Demand Window

Industry News

News service

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.

  • Find out more about ICIS news service >>

ICIS Chemical Business magazine

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.
  • Find out more about ICB magazine >>

Analytics

Supply & Demand Data

supply-demand-brochure_150px

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.

  • Find out more about the ICIS supply and demand database >>

Training and Conferences

Training courses

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.

training

  • Find out more about ICIS training courses >>

Conferences

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.

experts

  • Find out more about ICIS conferences >>

Consulting

Global markets

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.

world_map

  • Find out more about ICIS consulting services >>

China markets

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.

world-map-china

  • Find out more about ICIS consulting expertise in China >>

Methodology

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 Raffinate 1 + 2, 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.

Raffinate 1 + 2 Methodology

Raffinates 1 and 2 are by-products of ethylene and propylene production in a cracker. The European market is structurally thin as most companies have captive use or are locked into long-term contracts.

Read More

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.

Receive free market updates

News

Almost 85% of US Gulf oil production remains shut in following Zeta
Thu, 29 Oct 2020 19:03

HOUSTON (ICIS)--Almost 85% of US Gulf oil production is shut in and almost 2.5m customers remain without power as of midday Thursday because of Hurricane Zeta, which made landfall in Louisiana on...

Read
US TPC needs years to rebuild Port Neches BD site, is cutting jobs
Tue, 25 Feb 2020 18:01

HOUSTON (ICIS)--US butadiene (BD) producer TPC Group is reducing workforce at its Port Neches operations in Texas and expects to take a number of years to rebuild the site following the 27 November...

Read
Independent Commodity Intelligence Services logo
  • ABOUT
  • About Us
  • Contact Us
  • Compliance
  • Work for ICIS
  • ICIS Reports Glossary
  • SERVICES
  • Market Intelligence
  • Analytics
  • Specialist services
  • ICIS Insight
  • USEFUL LINKS
  • Free market updates
  • Blogs
  • Students
  • Find your commodity
  • ICIS Publishing Schedule
  • Press Releases
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie Policy
  • Cookie Settings
  • Privacy Notice (California)

ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands.

Copyright © 2021 LexisNexis Risk Solutions Group

RELX Logo