Argus launches world's first biochemicals prices

LONDON, Sept. 10, 2025 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched the world's first prices for biochemicals, including bioethylene, biopropylene, biobutadiene and biobenzene.

The chemical industry is turning to biochemicals to support its transition away from fossil fuel-based products. This is to reduce greenhouse gas emissions and improve sustainability and circularity, where finished goods are recycled and rejoin the supply chain. The new biochemicals prices are a response to requests from a wide range of market participants, including integrated chemicals producers, major consumer goods brands, automotive companies, and other chemicals and plastics end-users.

Argus assesses premiums for bionaphtha and biopropane to their fossil fuel alternatives on a daily basis. These assessments are used to calculate the new prices for finished biochemicals. The new Argus biochemicals prices are published monthly, in line with traditional chemical industry pricing standards.

The new suite of calculated biochemicals prices offers chemical companies and their customers much greater transparency and understanding of the factors influencing market dynamics. Until now, deals have been conducted on a bilateral basis, making markets opaque and hard to navigate. The new prices can be used as benchmarks in physical supply contracts or to help inform investment decisions and analysis.

Argus Media chairman and chief executive Adrian Binks said: "The importance of biochemicals is set to grow significantly, even though they are only a small proportion of total chemicals consumption today. By providing transparency at this early stage in the market's development, these new calculated prices will help companies allocate resources as they address sustainability mandates. We are glad to have worked with the industry to develop these new pricing tools and we look forward to extending the range as the industry matures."

The new prices leverage Argus' long-standing expertise in biofuels and chemicals as well as their associated feedstocks.

Argus contact information 

London: Seana Lanigan
+44 20 7780 4200
Email Seana

Houston: Matt Oatway
+1 713 968 0000
Email Matt

Singapore: Tomoko Hashimoto
+65 6496 9960
Email Tomoko

About Argus Media

Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.

Headquartered in London with over 1,400 staff, Argus is an independent media organisation with 30 offices in the world's principal commodity trading hubs.

Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyse situations, manage risk, facilitate trading and for long-term planning. Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities and energy.

Founded in 1970, Argus remains a privately held UK-registered company owned by employee shareholders and global growth equity firm General Atlantic.

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