Our Middle East/India coverage in the weekly Solvents report includes spot prices for Isopropanol, Acetone and Ethyl acetate. ICIS provides unbiased and reliable market commentary about activity within the different solvents, demand and supply developments, production news and graphs.
This news and market intelligence gives you the analysis of factors driving the prices that you need to make informed commercial evaluations.
Our editor gives their expert view
Solvent Overview Transcript
White spirit, solvent naphtha and hexane are hydrocarbon solvents and are generally used in painting, coating, oil extraction and degreasing applications.
The main drivers for these products are feedstock prices and the economic climate.
Although supply and demand do ultimately play a role in these markets, feedstock prices are the biggest influence on values.
Hexane prices are affected by naphtha and crude oil values. Hexane tends to experience strong demand at the beginning of the fourth quarter of each year as this is when the olive harvest in the Mediterranean occurs. It is used to help extract oil from the olives.
White spirit prices are determined largely by jet kerosene values, those of solvent naphtha are influenced by gasoline numbers.
The economy and weather conditions also play a crucial role in market demand for these products. White spirit for example, is widely used in home improvement products which tend to see greater sales in the summer time
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Solvents news and market information products from ICIS
We offer the following regional Solvents analysis and news coverage to keep you informed of factors and developments affecting prices in the Solvents marketplace.
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Solvents East India Methodology
Solvents are liquids which dissolve other substances with water a common example. The selection of a solvent will depend on whether or not something dissolves in it (solvency), its evaporation rate, boiling point, viscosity, surface tension and many other factors.
Isopropanol (IPA) is used as a solvent in cosmetics and personal care products, de-icers, paints and resins, pharmaceuticals, food, inks and adhesives. A pharmaceutical grade of IPA is used in products such as medicinal tablets as well as disinfectants, sterilisers and skin creams. IPA is used in de-icers and cleaning products because it stays in liquid form well below the freezing point of water.
Acetone is a widely used solvent. Pharmaceuticals is the largest consumer of acetone solvent with significant quantities also being used in glass reinforced plastics, cigarette tow, rubber chemicals and household, cosmetic and personal care products.
Ethyl acetate has applications as a solvent in inks for flexographic and rotogravure printing. It is used as an extraction solvent in the production of pharmaceuticals and food, and as a carrier solvent for herbicides.