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.
Updated to Q1 2019
With most acetone-based plants back running after scheduled maintenance in Q4 2018, supply is likely to remain long for the most part of Q1. Also, the market closes early in anticipation of the Lunar New Year holidays in early February, which most of Asia celebrates.
Demand is likely to remain tepid before the Lunar New Year holidays in early February, as downstream factories gradually decrease production in anticipation of the long holidays. Restocking activities would likely take place after the festive holidays, starting mid to late February.
The supply of European isopropanol (IPA) is set to be better in the first quarter of 2019 than it was in the last quarter of 2019. This is mostly due to improving logistics as the water levels of the river Rhine increased in December following historic lows. Transportation fees are also set to gradually come down to previously seen norms.
European IPA demand has been strong in the second half of 2018 in most of Europe and is expected to remain so in the first quarter of 2019. Demand in the UK was subdued in the last quarter of the year due to economic uncertainty surrounding Brexit negotiations. This is too expected to continue into the first months of 2019.
Supply of US isopropanol (IPA) is expected to be good into the first quarter of 2019, as there are no planned turnarounds at any of the North American plants. The market will be watching upstream supply of propylene, which is an essential feedstock in IPA production, to gauge overall supply.
Demand is expected to remain steady into the first quarter of 2019. There is some demand for IPA as a de-icer, which could lead to a bump in demand depending on how severe the winter is. There is mixed sentiment on how cold winter temperatures will be this winter.
We offer the following regional Isopropanol analysis and news coverage to keep you informed of factors and developments affecting prices in the Isopropanol marketplace.
More information about the price reports we publish on Isopropanol
Independent price assessments and market coverage by region
News & market analysis specifically relating to Isopropanol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
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Isopropanol (IPA), also known as isopropyl alcohol, is a low-cost solvent used in many industrial and consumer products and as an extractant.
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.
HOUSTON (ICIS)--Supply of US methyl ethyl ketone (MEK) and isopropanol (IPA) is likely to remain readily available in 2019, but storm- and...Read
LONDON (ICIS)--European solvent markets - isopropanol (IPA), methyl ethyl ketone (MEK) and methyl isobutyl ketone (MIBK) – are likely to be more...Read