The ICIS Isopropanol (IPA) report is published weekly in Asia, Europe and the US. Our price assessments cover spot activity and, in Europe, technical, and cosmetic and pharmaceutical grades are quoted.
Locally based reporters gather market intelligence and compile commentary to cover regional activity, production issues, upstream and downstream news, as well as economic indications. The independent and unbiased information helps support you to make business decisions with confidence.
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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.
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Isopropanol: Market overview
Updated to Q3 2017
Pricing in the US isopropanol (IPA) market during the third quarter may stabilise or be pushed higher on similar moves in upstream propylene. The feedstock appears to be strengthening after price weakness in Q2 amid some IPA supply tightness. Demand from the US paints and coatings market is expected to continue steady during the summer after peak seasonal demand in Q2.
In Europe, spot IPA prices were considerably above their average in 2016, and had a wider spread than feedstock propylene, making it likely that buyers will target price decreases in Q3. Sources said that whether this is achievable is uncertain due to strong domestic demand and US prices. Seasonal demand is expected to be somewhat lower due to the summer holiday period in late July and August.
In Asia, most near-term prices are likely to remain stable. This may not be the case in southeast Asia, where prices are prone to weaken on stable demand and ample supply, despite higher feedstock acetone prices. Sellers continue to seek spot opportunities at potentially higher offers, and negotiations were underway for July shipments.
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Isopropanol news & analysis
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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.