Stay abreast of the regional Isopropanol markets that matter to you.
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.
Updated to Q1 2021
If South Korea’s LG cracker can resume in early to mid Q1 as planned, downstream IPA production will increase as well, leading to a longer supply in the market. Conversely, in anticipation of the long Lunar New Year holidays in mid-February, some Chinese producers will reduce their operating rates, while others are considering shutting their plants. This would add further pressure to the already tight market.
Downstream demand in paints and coatings has seen a slight pickup in late Q4, which is expected to continue into Q1. Healthy demand, particularly before the Lunar New Year in mid-February, is also expected to prop up the market as buyers replenish their inventories. There would be a typical lull during the long festive season, which most of Asia celebrates. Thereafter, demand is expected to recover.
We offer the following regional Isopropanol coverage to keep you informed of factors and developments affecting prices in the Asia Isopropanol marketplace.
More information about the price reports we publish on Isopropanol
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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.
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.
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