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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 news and market information products from ICIS
We offer the following regional Isopropanol coverage to keep you informed of factors and developments affecting prices in the Asia Isopropanol marketplace.
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Updated to Q2 2018
Supply decreased in Q2 on several Chinese turnarounds, most notably Super Chemical, Zhuhai Long Success and Kellin Chemicals. As of 2 July, Super Chemical’s unit is still shut on environmental issues. Japan’s Tokuyama also planned plant maintenance in Q2, leading to reduced Japanese supply to southeast Asia. As the gap between acetone-based and propylene-based IPA offers widened, propylene-based IPA plants in China were forced to shut on loss of margins amid increasingly firm propylene prices.
Demand was deemed constant during the period due to the delay of a major southeast Asian supplier’s plant turnaround. The planned maintenance, originally scheduled in mid-Q2, was pushed back to Q3. No reason was given for the delay. Demand for acetone-based IPA was higher than propylene-based IPA, amid weak acetone and firm propylene prices. Acetone-based IPA was more competitive during the period, with propylene-based suppliers facing increasingly narrow margins.
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.