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
Supply of Asia isopropanol (IPA) was long in Q1 on weak demand and mostly bearish feedstock acetone values. Market players, especially those in mainland China mostly chose to wait on the sidelines, procuring material as needed. In southeast Asian markets, importers were sitting on more than sufficient inventories due to muted demand in their domestic markets amid geopolitical factors, like the general elections in Thailand.
Some buyers preferred to wait until after the Lunar New Year holidays to procure new material. Other buyers preferred to stock up on inventories before the long holiday. Demand was slightly impacted by geopolitical factors such as the ongoing US-China trade war and the general elections taking place in Thailand in late March.
Supply of European isopropanol (IPA) was stable throughout the first quarter of 2019. Feedstock propylene suffered several outages due to cracker turnarounds but the industry was well-prepared and the derivative suffered no production hiccups.
The IPA market has had a difficult start of year with subdued demand and increased costs of production, which saw some producers’ margins thinned. The end of the quarter saw a small rebound in demand and prices. Demand was deemed to be where it should be in March relative to the low consumption months of January and February. Uncertainty due to Brexit outcomes, the poorly performing automotive sector and the deadlock on US-China trade tariff negotiations were blamed.
Supply of US isopropanol (IPA) was readily available for buyers throughout the first quarter of 2019. No major production issues were presented in the quarter and buyers cited no issues in obtaining product. Logistics issues continue to create problems.
Demand for US isopropanol (IPA), which has some downstream uses in paints and resins, showed some decline in the first quarter of 2019, primarily as the winter season dragged on. IPA prices began to fall toward the end of quarter, tracking softer upstream propylene, which led some buyers to hold off purchasing material in anticipation of additional declines.
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.