Isopropanol (IPA), also known as isopropyl alcohol, is a low-cost solvent used in many industrial and consumer products and as an extractant. Outlets include cosmetics and personal care products, de-icers, paints and resins, pharmaceuticals, food, inks and adhesives. It is also used as solvent for oil and gums and in the manufacture of fishmeal concentrates. Low-grade IPA is used in motor oils.
Some chemical compounds are manufactured from IPA, in particular derivative ketones (such as methyl isobutyl ketone), isopropylamines and isopropyl esters. Its use as a raw material in acetone production is declining.
Isopropanol vapour is a mild irritant to the eyes, nose and throat. It may cause effects on the central nervous system, resulting in depression while repeated or prolonged contact with skin may cause dermatitis. Prolonged exposure can lead to nausea, headaches and mild narcosis. It can be absorbed through the skin leading to irritation and dermatitis. Contact lenses must not be worn as they tend to concentrate the vapour.
Isopropanol is a dangerous fire and moderate explosion hazard. It enters the environment as emissions from its manufacture and use as a solvent. It naturally occurs as a plant volatile and is released during the microbial degradation of animal wastes.
ICIS pricing quotes IPA in Europe,
Frequency:
Published weekly on Fridays in
Isopropanol (
Weekly Price Assessment:
IPA Weekly Spot Prices
IPA Quarterly Feedstock Contract Prices
Isopropanol (Asia-Pacific)
Weekly Price Assessment:
IPA Weekly Spot Prices
Isopropanol (US Gulf)
Weekly Price Assessment:
IPA Monthly Contract Prices
IPA Weekly Spot Prices
IPA Monthly Feedstock Contract Prices
General Information:
Assessment Window: Assessments are based on information supplied by market participants up to the close of business on Friday, at 1800 hours
Specifications: ICIS pricing quotes material that has a minimum purity of 99.5.
Timing: Cargoes loading or delivered 4-6 weeks forward from the date of publication.
Terms: Credit terms up to 30-90 days, depending on the region.
Standard Cargo Size: ICIS pricing quotes product delivered by ship, truck and railcar, depending on the region. The Asian coverage focuses on bulk lots delivered by ship. In
Assessment Basis: Spot price assessments are based on information gathered throughout the week (Monday to Friday) from market players comprising producers, end-users and traders. The process of evaluation takes into consideration rumoured, reported and confirmed deals; bids and offers; and buying and selling indications. In the absence of trades, the published price range may be adjusted on a notional basis to accurately reflect the levels at which trading activity could take place. Factors such as deep-sea cargo movements; supply/demand balance; plant operating rates; feedstock and derivative markets; and general market sentiment are also taken into account.
In the US Gulf, spot tank values are based on ex-tank prices paid by consumers and distributors for truck and railcar quantities of spot material. Spot export prices on an FOB basis are paid by consumers for barge quantities of spot material. While information used to assess published prices is gathered throughout the week, more emphasis is placed on price movements that occur toward the latter portion of the week with respect to changes in numbers.
In Asia, the market commentary covers markets in both southeast Asia,
The contract values in the US Gulf report represent delivered prices paid by distributors east of the
The feedstock prices reflect the ICIS pricing assessment as posted in the report for the current week.
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