Isopropanol Prices | Historical and Current
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Monitor monthly Isopropanol price assessments covering 4 locations: United States, Europe, Southeast Asia and China. Also check Isopropanol 10-year price history.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Isopropanol.
Data Legend. The chart above shows Isopropanol price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Isopropanol, US (United States): Isopropanol, export transaction price, fob, United States
- Isopropanol, EUR (Europe): Isopropanol, import transaction price, cfr, Belgium (netforward from fob United States)
- Isopropanol, SEA (Southeast Asia): Isopropanol, import transaction price, cif, India
- Isopropanol, CN (China): Isopropanol, export transaction price, fob, China
Data Use. Isopropanol prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Isopropanol price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including Isopropanol
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Isopropanol Price Outlook. The price of Isopropanol (United States) was flat during March 2020. On a year-over-year basis, the prices of Isopropanol (United States) decreased significantly by 9%. Meanwhile, the average price of Isopropanol (China) amounted to 880 USD per metric ton, from 764 USD per metric ton one year earlier. On a month-over-month basis, the price of Isopropanol (China) is 0.7% lower than the price one month before.
The price of Isopropanol (Southeast Asia) declined throughout March 2020, reaching 948 USD per metric ton. The price is 5% lower than the average price in the previous month and 11% lower than the average price one year before. In contrast, the prices of Isopropanol (Europe) were flat during March 2020, and were decline when compared to the average price in the preceding yeara decline of 8% from the previous year’s price.
About Isopropanol. Isopropyl Alcohol (a.k.a. Isopropanol, 2-Propanol) is a colorless and flammable liquid with a strong odor. Isopropyl alcohol was among the first petrochemical products to be industrially manufactured - it has been produced since 1920. Today, it is one of the most produced lower alcohols (C1 to C5 alcohols), the third in commercial production, behind methanol and ethanol. Also, the future demand for this commodity is expected either to remain flat or to grow slightly.
Since 1951 the direct hydration process was first implemented in a commercial scale plant. This process employed a catalyst that allowed propylene to react directly with water, without the intermediate reaction with sulfuric acid. Differently from the indirect hydration, this process requires the use of high-purity propylene as feedstock.
More recently, market changes made the hydrogenation of acetone economically feasible under some specific conditions and there are already commercial plants based on this process. There are also early-stage processes that aim to manufacture Isopropanol from renewable sources. Most of these processes are based on fermentation of biomass and are still in the lab scale.
Isopropanol Handling. The distribution of Isopropanol is typically done in railroad tank cars or tank trucks made of steel, in 3.8 glass jugs, and 19 an 208 L phenolic-lined steel pails and drums. Plain steel should be avoided if the Isopropanol contains water due to the risk of rusting. Stainless steel or baked phenolic-lined steel are the preferred materials for tanks if rust is not tolerated. Aluminum is not suitable for use, as it is attacked by Isopropanol, forming aluminum isopropoxide. In case of anhydrous Isopropanol, carbon steel tanks can be used.
Isopropanol Production. The main raw materials for Isopropanol manufacture are propylene and acetone. Propylene is reacted with water directly, or indirectly (in the presence of sulfuric acid), to form Isopropanol. Acetone, in turn, passes though a hydrogenation process. Raw materials and the respective production processes employed in the manufacturing of Isopropanol are listed below.
- Propylene (direct hydration),
- Propylene + sulfuric acid (indirect hydration),
- Acetone (hydrogenation)
Isopropanol Uses. The uses and applications of Isopropanol may vary according to its specification. The main forms of Isopropanol are technical (min. purity of 99.8 wt%, anhydrous) and cosmetic (min. purity of 99.9 wt%, max. 0.002 wt% acidity).
The use of Isopropanol as a solvent is leveraged by its low cost and by the absence of taxes and regulations that typically apply to ethanol, which is a competitor in many applications. It is also a much more effective disinfectant and antiseptic than ethanol and is widely employed in industries, hospitals, and homes.
