Isopropanol Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Isopropanol market, whether you buy or sell Isopropanol or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Isopropanol Overview Transcript
Isopropanol or IPA is used as a solvent in a wide range of industrial and consumer products. Its outlets include: pharmaceuticals, adhesives and inks, paints and resins, cosmetics and personal care items. It is also used as a chemical intermediate.
IPA can be produced using propylene or acetone. New facilities in Asia are mostly acetone-based for cost reasons. Acetone is usually more competitively priced compared to propylene due to rising regional supplies. China is the largest importer in Asia and it buys mainly from Japan, South Korea, Taiwan and the US.
Volatility in Asia is limited by long-term supply contracts between major producers and the distributors. Shipment prices are usually settled once a month, but swings in feedstock propylene and acetone costs can result in undue volatility in prices. Plant turn-arounds and outages usually have an impact on prices and Southeast Asia also tends to look at the Chinese market for price direction.
How we can help
Isopropanol news and market information products from ICIS
We offer the following regional Isopropanol analysis and news coverage to keep you informed of factors and developments affecting prices in the Isopropanol marketplace.
Price Reporting – More information about the price reports we publish on Isopropanol
Independent price assessments and market coverage by region
Related products – You might also be interested in the information we publish on these related products
You may also find useful
Price History – More information about the historical price data we publish on Isopropanol
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Isopropanol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Isopropanol: Market overview
Updated to Q1 2015
Soft feedstock markets are expected to have a major impact on the price of IPA in Q1, with the lower propylene monthly contract price having already contributed to a considerable drop in early January. Business is expected to pick up later in the quarter as many participants are still on holiday at present. Availability is gradually improving following a shortage in Q4 2014.
Asian prices are expected to be weak, on the back of sharp declines in upstream acetone and crude prices. Prices are likely to be further curbed by the supply glut, with the start-up of two domestic plants in China in January. Whilst stocking up activities are expected pre and post Lunar New Year in February, overall sentiments remain lacklustre in the wake of the pessimistic global forecasts.
The US IPA market is expected to remain fairly stable over the next three months after falling propylene prices pushed prices down. Buyers in the US – typically used to a slow winter season – pushed back on pricing, forcing producers to negotiate. However, many believe that the market is likely to see a rebound in the early spring and that prices could stay flat.
News & analysis
Isopropanol news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
ICIS publishes global annual studies, as well as dedicated reports on domestic China markets, which will help you navigate the complex petrochemical, oil and gas industries in the medium-to-long term. Our studies and reports provide expert analysis and forecast data on supply, demand, production and capacity for specific markets.
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Isopropanol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
Isopropanol (IPA) is a clear, colourless, mobile liquid with an alcoholic odour. It is miscible with water and ethyl alcohol and reacts with strong oxidants.
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.
Other applications include its use as a cleaning and drying agent in the manufacture of electronic parts and metals, and as an aerosol solvent in medical and veterinary products. It can also be used as a coolant in beer manufacture, a coupling agent, a polymerisation modifier, a de-icing agent and a preservative.
Some chemical compounds are manufactured from IPA, in particular derivative ketones, such as methyl isobutyl ketone (MIBK), isopropylamines and isopropyl esters.