Get the latest insights on price movement and trend analysis of Octene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The crude oil and natural gas prices soared throughout the world owing to the continuing Russian invasion of Ukraine. The price upstream operating costs affected the petrochemical industry thereby causing the prices of linear alpha olefins to increase i.e., octene prices soared throughout the Asian market.
The trade bottlenecks, port congestions, covid restrictions, and raised freight led to the phenomenon of demand destruction in the Asian domestic arena and thus, the price trends of octene suffered towards the end of said period. The price of C 10 linear alpha olefins averaged 940.81 USD/MT in India.
The European region closely mimicked the price trends for octene recorded in the Asian arena. The prices soared during the first 4/5 months owing to the supply side constraints, high feedstock prices and trade restrictions and robust downstream demand.
The price of C 10 LAO averaged 2263 USD/MT during the first quarter. The prices relaxed towards the end of said period averaging 1619 USD/MT as the upstream operating costs relaxed.
Owing to the robust demand from downstream plasticizers, polymers and chemical industries amid the raised feedstock costs the prices of octene surged throughout the US domestic market. The C10 Linear Alpha Olefins averaged 790 USD/MT on a FOB basis during the first quarter. However, it soon stabilized and plateaued towards the end of the second quarter due to the muted market sentiment and ample inventories as the trade restrictions relaxed.
Procurement Resource provides latest prices of Octene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Octene is an invisible liquid organic compound. The double bond in the alkene is in the alpha (primary) position, giving it increased reactivity and consequently, valuable chemical features. Alkenes are classed as higher olefins and alpha-olefins. Octene is one of the crucial linear alpha olefins.
|Industrial Uses||Production of surfactants, Production of synthetic fatty acids, Production of plasticizers|
|Molecular Weight||112.21 g/mol|
|Supplier Database||Shell Chemicals, Exxon Mobil Corporation, Evonik Industries, LG Chemicals, Sasol Limited, The Dow Chemical Company|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, octene is produced by dimerising butene.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.