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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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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.
Updated to Q3 2017
The market entered a traditional lull in the third quarter with limited supply, with maintenance turnarounds and unplanned outages resulting in limited spot availability.
Major Chinese plants such as Shanghai Orient Salt, Kellin Chemical, and Jiangsu Xinhua shut for a yearly turnaround during the summer season, for a month. Environmental checks by Chinese officials have also prompted other smaller IPA plants which did not meet the government’s requirements to shut for maintenance.
When a force majeure was declared at Shell’s Pernis plant in the Netherlands, Asian suppliers took advantage of the newly opened arbitrage window to export to Europe, which further tightened Asian supply.
Demand was limited during the seasonal lull despite limited spot availability due to plant maintenance turnarounds.
Demand picked up a little halfway through the third quarter, with feedstock acetone demand outstripping supply amid low port inventory. This resulted in a hike in downstream IPA prices.
A few weeks later, IPA prices fell on the back of weaker feedstock values, amid limited demand.
In the last part of the third quarter, demand picked up as buyers prepared to restock their inventories for October. Following the arbitrage to Europe, Asian demand has outstripped supply, resulting in price increases.
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.