Isobutane Price Outlook | Q4 2022
Check how Isobutane prices evolved in different countries worldwide, from Q3 2022 to Q4 2022.
When it comes to Isobutane pricing data, the chart above presents prices in Q4 2022, in countries from different regions.
The table below shows quarterly Isobutane prices, in USD per metric ton.
And this table presents how Isobutane prices varied, on a year-over-year basis and on a quarter-over-quarter basis.
United States. The Isobutane price in United States decreased during Q4 2022 to 481 USD per metric ton, which represents a considerable decline of 30% compared to the previous quarter’s value. On a year-over-year basis, Isobutane prices in United States decreased by 27%.
Germany. In Q4 2022, the Isobutane price in Germany witnessed a decline of 57 USD per metric ton when compared against the previous quarter’s price, to 1,016 USD per metric ton. The Q4 2022 price is 7% lower than the price one year before.
China. Isobutane prices in China rose slightly throughout Q4 2022, reaching 2,627 USD per metric ton. The current price is 3% higher than the average price in the last quarter and 3% lower than the average price one year ago.
Brazil. Isobutane prices in Brazil increased significantly during Q4 2022, reaching 1,840 USD per metric ton, which means a rise of 25% from the previous quarter’s price and a rise of 54% from the previous year’s price.
South Africa. In the quarter examined, the Isobutane prices in South Africa experienced a modest rise of 57 USD per metric ton from the previous quarter’s price, to 1,700 USD per metric ton. Such price movement meant a rise of 3% on a quarterly basis and a rise of 19% on a yearly basis.
India. In India, the average price of Isobutane price was 926 USD per metric ton in Q4 2022 –a sharp decrease of 200 USD per metric ton, or 18%, compared with the previous quarter. On a year-over-year basis, the current Isobutane price in India is 5% higher than the price one year before.
For further information, including:
- Latest prices, on a quarterly basis
- Historical pricing data since 2007
- Prices of other commodities from Olefins & Derivatives industry
Check below:
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A Little Bit About Isobutane
Isobutane is the simplest alkane with a tertiary carbon. It is a colorless gas with a faint petroleum-like odor, shipped as a liquefied gas under vapor pressure. It is an important component of natural gasoline, refinery gases, wet natural gas, and is also obtained by isomerization of butane. Isobutane is highly flammable and presents explosive risk.
Isobutane must be stored under pressure in cylinders in cool, well-ventilated dry area of non-combustible construction. These containers must be kept away from sources of heat or ignition, from oxidizers, such as oxygen or chlorine, and must be protected against physical damage.
Isobutane is mainly used as refrigerant; motor fuel additive; aerosol propellant; instruments calibration fluid; solvent; and in the production of synthetic rubbers. This commodity can be used in the manufacture of derivatives, such as: tert-butyl hydroperoxide; isobutylene; methacrylic acid; isooctane; 2,4-dimethylpentane; 2,2,4-trimethylpentane.
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