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ICIS coverage of regional Isopropanol markets is second to none. Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
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Isopropanol Asia Transcript
ICIS publishes a weekly isopropanol (IPA) report in Asia. Buyers, producers and traders are all represented in our weekly calls and the information gathered is thoroughly cross-checked to ensure that the prices we publish are representative.
We track deals and discussions in the market and also provide the latest information on plant shut downs that could have an impact. Price of feedstock propylene and acetone are also included as they have an important bearing on sentiment and pricing outcomes.
ICIS assesses cost and freight (CFR) prices in northeast Asia (NE Asia) and southeast Asia (SE Asia). Trade in NE Asia is driven mainly by import demand from the key China market.
China’s domestic transactions are also listed in the commentary. This is because Chinese traders and distributors usually refer to local producers pricing in considering how much they might want to pay for imports.
Industry players follow our report closely as they know is an accurate and reliable source reference for spot discussions.
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Updated to Q1 2016
Spot isopropanol (IPA) prices in Asia were stable-to-firm during the past three months, with a strong rebound in prices towards the end of the quarter in March.
At the beginning of the quarter, fluctuations were limited to about $30/tonne on average in the CFR (cost &freight) SE (southeast) Asia and China spot markets.
Market activity was thin during the Lunar New Year period in February when buyers bought on a need-to basis in view of global economic uncertainty.
The rise in IPA prices of 10-17% at the beginning March was supported by a surge in feedstock acetone and propylene costs at the end of February.
Prices also strengthened on the back of supply tightness as the impact of some producers halting operations, due to force majeure or maintenance shutdowns, was felt in the market towards the end of the quarter.
ICIS publishes a weekly isopropanol (IPA) report in Asia. Buyers, producers and traders are all considered in our assessment and the information gathered is cross-checked to ensure that the prices we publish are representative.
We track deals and discussions in the market and provide the latest information on planned shutdowns that could have an impact.
Prices of feedstock propylene and acetone are also included as they have an important bearing on sentiment and pricing outcomes.
ICIS assesses cost & freight (CFR) prices in northeast Asia (NE Asia) and southeast Asia (SE Asia). Trade in NE Asia is driven mainly by import demand from the key China market.
China’s domestic transactions are listed in the commentary. This is because Chinese traders and distributors usually refer to local producers’ pricing in considering how much they pay for imports.
Industry players follow our report closely as an accurate and reliable reference source for spot discussions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Isopropanol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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.