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Request for Real Time Bio-Butadiene Prices: https://www.procurementresource.com/resource-center/bio-butadiene-price-trends/pricerequest
Butadiene is a colourless gaseous organic compound primarily synthesized from the steam cracking process. However, Bio-Butadiene is synthesized based on bio-based products. Recent developments have been seeing a rise in the latter.
Butadiene is a by-product of the reaction that involves Ethylene synthesis. It is one of the primary petrochemicals that is available at present. Its significant uses also include rubber synthesis. The types include- butadiene rubber, Neoprene, nitrile butadiene rubber, and styrene-butadiene rubber.
Key Details About the Bio-Butadiene Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bio-Butadiene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Bio-Butadiene price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Bio-Butadiene Price Trend:
A enormous share of butadiene turns into the production of synthetic rubber, and automobile industries are always in the urgent need of it. Thus, generating higher demand. Moreover, it is also required in the synthesis of adhesives, paper coating, carpets, etc.
Key Market Players:
- China Petroleum & Chemical Corporation
- TPC Group
- Royal Dutch Shell PLC
- Exxon Mobil Corporation
- China National Petroleum Corporation
News and Events:
- October 18, 2022 – Butadiene prices face a sharp decline in Asia due to the abundance of supply compared to the ducked demands. More supply and less demand seem to have scourged the prices. Southeast face the cost atUSD 685-695/mt., which is a steep slump (of around USD 60/mt.)
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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