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 Q4 2020
With scheduled maintenance shutdowns at major IPA plants in northeast Asia in Q4, supply is expected to tighten in the market. Japan’s Mitsui Chemicals and South Korea’s ISU Chemical are on track to shut their plants for maintenance in mid-Q4 and early Q4 respectively. The tightened market will also be supported by reduced production at most acetone-based IPA plants.
With a little recovery in the paints and coatings sector as southeast Asian countries push to revive their economies, demand may strengthen. Stable demand is expected in the inks and printings sector, especially for packaging. For the hand sanitizers side, consumption is likely to slowly clear existing stocks. Much would depend on Indonesia, southeast Asia’s largest economy, on whether they would be able to overcome the pandemic.
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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