In the second quarter of 2024, the U.S. isopropyl alcohol (IPA) prices saw an overall increase, driven by higher feedstock costs and seasonal demand. Although there was a slight decline in prices towards the end of the quarter due to reduced end-user inquiries, prices remained elevated, closing at 1297 USD/MT.

The price of isopropyl alcohol skyrocketed in the United States amid the coronavirus pandemic in March 2020, reaching 3,160 U.S. dollars per metric tons on March 31, 2020. On March 10, 2020, the U.S. price for this chemical was 880 U.S. dollars per metric ton. Isopropyl alcohol is one of the key ingredients used to produce hand sanitizer and medical disinfectants.

Explore the complex factors influencing the price of isopropyl alcohol (IPA) per ton, including demand and supply dynamics, raw material costs, production capacity, shipping logistics, and regional economic factors. Understand how these variables affect the market sensitivity of IPA, crucial across industries like pharmaceuticals, cosmetics, and electronics.

The average propyl and isopropyl alcohol import price stood at $2,322 per ton in August 2024, increasing by 13% against the previous month.

In August 2024, the average propyl and isopropyl alcohol export price amounted to $861 per ton, rising by 29% against the previous month.

Propyl and isopropyl alcohol imports into the Philippines contracted remarkably to 23K tons in 2023, waning by -18.7% on the previous year.

The average propyl and isopropyl alcohol export price stood at $1,380 per ton in July 2024, falling by -5.4% against the previous month.

The average propyl and isopropyl alcohol export price stood at $2,300 per ton in July 2024, growing by 12% against the previous month.

The average propyl and isopropyl alcohol import price stood at $1,232 per ton in May 2024, rising by 3.9% against the previous month.

Propyl and isopropyl alcohol exports contracted rapidly to X tons in 2024, falling by X% on 2023. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2022; however, from 2023 to 2024, the exports failed to regain momentum.

The average propyl and isopropyl alcohol import price stood at $1,233 per ton in June 2024, with a decrease of -3.1% against the previous month.

For the third year in a row, the Netherlands recorded decline in overseas shipments of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol), which decreased by -2.5% to 99K tons in 2023.

In 2023, approx. 120K tons of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were exported from South Africa; with a decrease of -3.2% against 2022.

In 2023, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) was finally on the rise to reach 44K tons after two years of decline.

In 2023, overseas shipments of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were finally on the rise to reach 73K tons after two years of decline.

In 2023, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) was finally on the rise to reach 2.9K tons for the first time since 2020, thus ending a two-year declining trend.

In 2023, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) was finally on the rise to reach 5.1K tons after two years of decline.

In 2023, overseas purchases of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were finally on the rise to reach 20K tons after two years of decline.

In 2023, purchases abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) was finally on the rise to reach 290 tons after two years of decline.

In 2023, overseas shipments of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were finally on the rise to reach 118K tons after two years of decline.