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 Q3 2018
Supply in China was particularly short in Q3 as a major supplier was shut indefinitely following a planned maintenance in Q2. In the meantime, there was a widening gap between acetone-based IPA and propylene-based IPA, with buyers preferring the more competitive acetone-based IPA. As a result, propylene-based IPA suppliers had to reduce operations, with some smaller plants shut due to the loss of margins. Overall, however, the market was unaffected by the shortage given the summer lull in demand for most of the quarter.
Downstream demand was typically weaker during the hottest months of the year. Demand for acetone-based isopropanol (IPA) was stronger than demand for propylene-based IPA because of the softer price of feedstock acetone and firmer propylene values. Propylene-based IPA suppliers had to depend on their regular customers to conclude higher-than-market-value deals. Some IPA buyers sat on the fence during the summer lull in demand, where they adopted a bearish outlook due to falling value of feedstock acetone.
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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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.
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