isobutyl benzene Pricing Assessment

Markets Covered:

India

China

United States

Isobutyl Benzene Price Trend, Analysis and Forecast

In Q1 2024, the global Isobutyl Benzene market experienced a decrease-stabilized trend, particularly in India, which plays a significant role in the Asia-Pacific (APAC) region. Prices in India during this period were reported at INR 208,850/MT, reflecting a marginal decline of -0.30% compared to the previous quarter. The drop in prices was largely driven by reduced demand from the pharmaceutical and chemical sectors, as these industries faced a slowdown in production. Additionally, fluctuating crude oil prices impacted raw material costs, further influencing the market. Globally, supply chain disruptions caused by geopolitical tensions and rising energy prices added to the volatility, although the overall market remained relatively stable.

In Q2 2024, the Isobutyl Benzene market in India showed signs of recovery, with prices increasing to INR 213,160/MT, marking a positive trend with a 2.06% rise from Q1. This upward movement was attributed to the revival of the pharmaceutical sector, which ramped up the production of essential chemicals and drug intermediates. The global market also saw an increase in crude oil prices, leading to higher costs of raw materials, which, in turn, pushed Isobutyl Benzene prices upward. Furthermore, improved logistics and transportation efficiency helped stabilize the market, particularly in the APAC region, where demand began to pick up. In North America and Europe, similar trends were observed due to tightening supplies and recovering industrial activity.

By Q3 2024, the Isobutyl Benzene market experienced a slight dip, with prices in India recorded at INR 212,340/MT in July, a decrease of -1.22% from June 2024. This downturn was primarily driven by a reduction in demand from key sectors like pharmaceuticals, which saw a temporary slowdown in production due to overstocking from the previous quarter. On a global scale, the market was affected by broader economic challenges, including inflationary pressures and ongoing geopolitical uncertainties, which weakened industrial demand. Additionally, improved supply chain conditions and steady crude oil prices contributed to the stabilization of the market, keeping the price decline in check.

Looking ahead to Q4 2024, the Isobutyl Benzene market is expected to face a mixed outlook. While demand from the pharmaceutical and chemical sectors is anticipated to rise again as production resumes for the festive season, global factors such as fluctuating crude oil prices, persistent geopolitical risks, and potential supply chain disruptions could create further volatility. In India, the market is likely to see upward pressure on prices due to increasing demand for raw materials in various industries. However, any sudden shifts in global oil prices or logistical challenges could impact the market’s trajectory, making it a quarter to watch closely for further developments.

Why ?

is your trusted resource for tracking global benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence benzene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely Lactic Acid market data.

Track ‘s benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

is your trusted resource for tracking global isobutyl benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the isobutyl benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence isobutyl benzene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely isobutyl benzene market data.

Track 's isobutyl benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in isobutyl benzene prices

Global Supply Chain Disruptions (2022-Present): Ongoing supply chain issues, exacerbated by the Russia-Ukraine conflict and energy crisis in Europe, impacted the availability of raw materials like benzene and propylene, leading to volatile Isobutyl Benzene prices.
COVID-19 Pandemic (2020-2021): The pandemic led to disruptions in the production of pharmaceuticals, a major end-use sector for Isobutyl Benzene. The initial drop in demand was followed by a recovery as production resumed, especially in pain-relieving drug manufacturing, causing significant price swings.
U.S.-China Trade Tensions (2018-2019): Trade wars between the U.S. and China disrupted global chemical supply chains, resulting in uncertainty and price volatility for Isobutyl Benzene due to higher tariffs on raw materials and reduced exports.
Oil Price Fluctuations (2015-2024): As a derivative of petrochemical feedstocks, Isobutyl Benzene prices have been affected by fluctuating crude oil prices. Significant events, such as OPEC production cuts or shifts in oil supply, had a direct impact on the cost of raw materials used in its production.

These events highlight how Isobutyl Benzene pricing is heavily influenced by both global geopolitical events and the supply-demand dynamics of its key raw materials. Continuous monitoring is essential for navigating these fluctuations.

Methodology and Specifications

isobutyl benzene Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a variety of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team collects insights directly from key market players, such as producers, suppliers, traders, and end-users, located in major Isobutyl Benzene production hubs. This localized intelligence helps us capture critical market dynamics.

Supply Chain Monitoring: We closely monitor the entire Isobutyl Benzene supply chain, from raw material availability, such as benzene and propylene, to production and distribution channels. We keep track of feedstock prices, production capacities, and transportation logistics to offer a comprehensive view of the supply chain.

Event Tracking and Impact Analysis

Regulatory Changes and Environmental Policies: Changes in environmental regulations, particularly in key manufacturing regions like Europe and China, can affect Isobutyl Benzene production, either through stricter emissions controls or plant shutdowns, influencing prices and supply.

Industrial Disruptions: Events such as plant shutdowns, strikes, or accidents in major Isobutyl Benzene production facilities can lead to short-term supply shortages and price volatility.

Economic Shifts: evaluates macroeconomic trends, such as global demand for pharmaceuticals and agricultural chemicals (which use Isobutyl Benzene), as well as inflation and overall economic health. These factors help predict shifts in Isobutyl Benzene demand and price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive global database of Isobutyl Benzene production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to provide accurate assessments of current supply.

Future Capacity Projections: Our research includes detailed forecasts of future production capacities for Isobutyl Benzene, factoring in new plant constructions, expansions, and technological advancements. This helps predict future supply trends and price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides detailed analysis of demand trends across key sectors, such as pharmaceuticals (pain-relief drugs), agricultural chemicals, and other industrial applications. We track year-on-year demand growth and project future consumption based on economic indicators and industry trends.

Global Demand Dynamics: Our methodology takes into account regional demand variations and their influence on global Isobutyl Benzene prices. This includes understanding shifts in manufacturing bases, trade policies, and environmental regulations that could affect global pricing.

Pricing Model Development

Dynamic Pricing Models: uses advanced econometric models to forecast Isobutyl Benzene prices. These models integrate real-time data, historical trends, and projected market conditions, and they are continuously updated to improve accuracy and predictive power.

Scenario Analysis: We perform scenario-based analyses to evaluate potential market conditions. This includes best-case, worst-case, and most-likely scenarios, helping clients prepare for a range of possible outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to provide actionable insights and clear recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are always available to discuss specific market developments and provide tailored advice.

This methodology ensures that delivers the most accurate, timely, and actionable Isobutyl Benzene pricing assessments, helping our clients stay ahead of market trends and make well-informed business decisions.

Specifications

Molecular Weight[g/mol]

134.22 g/mol

CAS No

538-93-2

HS Code

29029050

Molecular Formula

C10H14

isobutyl benzene

Isobutyl Benzene (IBB) is an organic chemical compound primarily used as an intermediate in the production of Ibuprofen, a widely used non-steroidal anti-inflammatory drug (NSAID). It is a colourless to pale yellow liquid with a characteristic aromatic Odor. Isobutyl Benzene is an essential raw material in the pharmaceutical industry due to its role in the synthesis of Ibuprofen.

Packaging Type

Tanker

Grades Covered

Industrial Grade (>99%)

Incoterms Used

Ex-Mumbai, CIF Houston, CIF Shanghai (India)

Synonym

2-methyl-1-phenylpropene

Quotation Terms:

25-30 MT (Export-Import), 10-15 MT (Domestic)

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.

Properties	Specification
Vapour Pressure	4.2 mmHg (37.7 °C)
Assay	99%
Autoignition Temp.	802 °F
Refractive index	n20/D 1.486 (lit.)
Boiling Point (bp)	170 °C/736 mmHg (lit.)
Melting Point (mp)	−51 °C (lit.)
Density	0.853 g/mL at 25 °C (lit.)

Applications

Pharmaceuticals: The primary use of Isobutyl Benzene is as a precursor to produce Ibuprofen, making it a crucial component in the pharmaceutical sector. Agrochemicals: Isobutyl Benzene is also used in the synthesis of certain agrochemical products, though this is a less common application compared to its role in pharmaceuticals. Fragrance and Flavour Industry: It is occasionally used in the fragrance and flavour industry due to its aromatic properties. Handling and Safety: Isobutyl Benzene is classified as hazardous, and proper safety measures should be taken during handling. It is flammable and should be stored away from heat sources, with appropriate personal protective equipment (PPE) worn when handling the substance to avoid inhalation or skin contact. Isobutyl Benzene’s role as a key raw material in Ibuprofen production makes it a critical chemical in the global pharmaceutical industry.

Disclaimer

Isobutyl Benzene price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for isobutyl benzene. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors impact Isobutyl Benzene pricing in the global market? +

Isobutyl Benzene prices are influenced by several key factors, including fluctuations in the prices of raw materials like benzene and propylene, which are essential for its production. Additionally, global supply chain disruptions, environmental regulations, and demand from key sectors such as pharmaceuticals (specifically for Ibuprofen production) can cause price volatility. Market trends in regions with high production capacities and shifts in oil prices also play a significant role in determining Isobutyl Benzene pricing.

How can procurement heads forecast price changes for Isobutyl Benzene? +

To forecast Isobutyl Benzene price changes, procurement heads should monitor key market indicators such as benzene and propylene price trends, changes in production capacities, and economic factors that influence pharmaceutical demand. Keeping an eye on geopolitical events, trade policies, and transportation costs will also provide insights into potential price movements. Engaging with platforms like , which offers real-time data and market forecasts, can help procurement professionals stay ahead of fluctuations.

What strategies can procurement heads use to manage price risks for Isobutyl Benzene? +

Procurement heads can manage price risks by diversifying suppliers and negotiating long-term contracts to secure stable prices. Keeping informed about market trends, regional supply-demand balances, and regulatory changes can also help in anticipating potential price shifts. Utilizing real-time pricing assessments, such as those offered by , enables procurement teams to make data-driven decisions and mitigate the impact of sudden price hikes or shortages.