In Q1 of 2025, Butyl Glycol prices in the Middle East dropped by 9.16%, primarily due to oversupply in the market and low logistics costs, which contributed to a decrease in prices. Conversely, prices in the European market rose by 2.1%, driven by higher demand within the European Union. This increase reflects a strong demand pull, while the contrasting trends between the Middle East and Europe highlight the impact of regional supply and demand dynamics on pricing.
In Q4 of 2024, Butyl Glycol prices in both the European market and the Middle East dropped by 6.45% and 6.57%, respectively. This decline was primarily driven by destocking activities and low buyer activity across both regions. As inventories were cleared, and demand remained subdued, prices softened. The lack of strong purchasing interest, coupled with an oversupply of stocks, contributed to this price reduction, reflecting weaker market conditions and cautious sentiment from buyers in the final quarter of the year.
In Q3 of 2024, Butyl Glycol prices in the European market fell by 4.45%, driven by lower feedstock costs, particularly Ethylene Oxide, and reduced demand. In the Middle East, prices stabilized on the lower end due to ongoing geopolitical tensions, which have now become a constant factor in the region. This stability suggests that prices in the Middle East are unlikely to experience significant fluctuations in the near term, as the geopolitical situation continues to influence market dynamics.
In Q2 of 2024, European markets saw an 8% increase in Butyl Glycol prices, driven by higher feedstock prices and growing demand from the East Asian market. This continued upward momentum reflected robust market conditions. In contrast, the Middle East experienced a 3.55% price drop, as declining demand coupled with improved supply shifted the supply-demand equilibrium. This change resulted in lower prices from the previous quarter, highlighting the regional differences in market dynamics and the impact of both demand and supply factors on pricing trends.
In Q1 of 2024, the global market saw significant price increases due to geopolitical tensions and rising logistical costs. The Middle East experienced an 18.55% price surge driven by heightened demand, supply shortages, and escalating insurance costs. Prolonged cargo holding times due to tensions in the Red Sea further pushed up order volumes, impacting importers. Similarly, the European market saw a 6.1% price increase, reflecting stronger demand within the EU, higher transportation costs, and rising feedstock prices. These factors together contributed to the upward pricing pressures globally.
In Q1 2025, Butyl Glycol prices (CIF Nhava Sheva (Saudi Arabia)) dropped further by 9.16%, reaching $1,264/MT. Ex-Mumbai prices also fell by 9.16% to INR 1,351/MT, reflecting subdued domestic demand from the paint and coating sectors, which remained cautious due to ongoing economic uncertainty and high inventory levels. Despite stable shipping conditions, the strong USD and exchange rate volatility increased import pressure. Combined with a conservative buying approach and weak downstream offtake, this led to continued price erosion across both global and domestic markets.
In Q4 2024, Butyl Glycol prices (CIF Nhava Sheva (Saudi Arabia)) declined 6.57% to $1,386/MT, primarily due to weak demand from the construction and automotive sectors. Ex-Mumbai prices mirrored the trend, dropping by 6.57% to INR 1,500/MT, as consumption from the decorative paints and coatings industries slowed with year-end project delays and excess inventory. Strengthening of the Indian Rupee helped reduce import costs, but sluggish market sentiment and cautious procurement led to further price correction.
In Q3 2024, Butyl Glycol (CIF Nhava Sheva (Saudi Arabia)) saw a modest dip of 0.66%, reaching $1,483/MT. Ex-Mumbai prices declined slightly by 0.66% to INR 1,655/MT, indicating stable but softening demand from paint and coating manufacturers, who maintained limited procurement volumes amid uncertain downstream recovery. Supply-side stability and minimal logistics disruptions also kept prices in check. Volatile currency trends added slight pricing pressure but were not enough to cause significant shifts.
In Q2 2024, Butyl Glycol prices (CIF Nhava Sheva (Saudi Arabia)) corrected by 3.55% to $1,479/MT as post-peak season demand eased. Ex-Mumbai prices fell by 3.55% to INR 1,792/MT, tracking weaker demand from industrial coatings and architectural paint sectors. Improved INR valuation lowered import burdens, though logistical inefficiencies and moderate global demand prevented sharper declines. Overall, price pressure was moderate, driven by a balanced supply-demand environment.
In Q1 2024, Butyl Glycol (CIF Nhava Sheva (Saudi Arabia)) import prices surged by 18.55% to $1,513/MT due to post-winter demand recovery and high freight costs. Ex-Mumbai prices rose 18.55% to INR 1,898/MT, supported by robust demand from the paint and coatings industry, which ramped up procurement ahead of the construction season. A weakened INR against the USD further inflated landed costs, while tight global availability added upward pressure on both international and domestic prices.
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These events underscore the Butyl Glycol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Butyl Glycol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Butyl Glycol (C₄H₉OH) is a versatile solvent used in paints, coatings, cleaning products, and personal care formulations. It is produced from petrochemical feedstocks, primarily derived from Propylene through hydroformylation and hydrogenation processes. Known for its low volatility and excellent solubility.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
S.no | Properties | Unit | Value |
1 | Purity | % m/m | 99 min |
2 | Colour (Pt-Cobalt) | 10 max | |
3 | Density @ 20°C | g/ml | 0.898 – 0.902 |
4 | Water Content | % m/m | 0.2 max |
5 | Distillation, IBP | °C | 166 min |
6 | Distillation, DP | °C | 173.0 max |
7 | Acidity as acetic acid | % m/m | 0.005 max |
8 | SG @ 20°C | 0.899 – 0.904 | |
9 | Refractive Index @ 20°C | 1.419 -1.420 |
Applications
Butyl Glycol is primarily used as a versatile feedstock and intermediate in the production of various chemicals. It serves as a key ingredient in the manufacturing of plasticizers, which enhance the flexibility of plastics, and is also used in the production of surfactants and emulsifiers for cleaning products. Additionally, Butyl Glycol is utilized in the formulation of paints and coatings, improving their flow and levelling properties. Its role extends to the textile industry, where it acts as a solvent for dyes and finishing agents. Furthermore, Butyl Glycol is employed in the production of adhesives and sealants, contributing to their effectiveness and performance in various applications.
The pricing of Butyl Glycol is influenced by several key factors. First, the cost of raw materials, particularly the feedstocks used in its production, such as propylene and butylene, plays a significant role. Fluctuations in these raw material prices can directly impact Butyl Glycol pricing. Additionally, supply chain dynamics, including transportation costs and production capacity, are critical factors. Demand from key sectors—such as paints and coatings, personal care, and cleaning products—also affects pricing; increased demand can lead to higher costs. Lastly, global economic conditions and regulatory changes can introduce further volatility in Butyl Glycol prices.
To secure competitive pricing for Butyl Glycol, procurement heads should adopt a proactive approach. Establishing strong relationships with multiple suppliers can foster competition, leading to better pricing terms. Conducting regular market analyses to track pricing trends and benchmarks is essential for informed decision-making. Exploring long-term contracts can help lock in favorable prices and provide stability against market fluctuations. Additionally, considering alternative sourcing options, such as regional suppliers, may yield cost advantages. Maintaining flexibility in procurement strategies will enable teams to adapt to changing market conditions effectively.
Fluctuations in Butyl Glycol pricing pose several risks, including budget overruns and increased production costs that can affect overall profitability. To mitigate these risks, procurement heads can implement strategic measures such as entering into hedging contracts to protect against price spikes in raw materials. Diversifying the supplier base reduces reliance on any single source, enhancing resilience against market volatility. Maintaining optimal inventory levels can also serve as a buffer against sudden price increases, allowing companies to capitalize on lower prices when they occur. Additionally, continuous monitoring of market trends and economic indicators will enable proactive adjustments to procurement strategies.
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