Isopropyl Alcohol Prices, Trend, Analysis and Demand

The latest report by IMARC Group, titled "Isopropyl Alcohol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Isopropyl Alcohol Prices. This report delves into the price of Isopropyl Alcohol globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasts, making this report an invaluable resource for industry stakeholders.

Isopropyl Alcohol Prices Last Quarter:

United States: 755 USD/MT
China: 1145 USD/MT

Report Offering:

Monthly Updates: Annual Subscription
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The study delves into the factors affecting Isopropyl Alcohol price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/isopropyl-alcohol-pricing-report/requestsample

Key Details About the Isopropyl Alcohol Price Trend

In Q2 2024, the North American isopropyl alcohol (IPA) prices, particularly in the U.S., experienced significant price increases for most of the quarter. This was mainly driven by higher demand for IPA-based products, like disinfectants, due to seasonal factors such as the start of summer. Rising production costs, influenced by increased feedstock propylene prices and fluctuating crude oil prices, also contributed to the price hike. Additionally, supply chain issues and higher freight costs further inflated IPA prices. However, by the end of the quarter, prices saw a slight decline as demand slowed and companies aimed to reduce inventories, offering products at lower margins.

In the Asia-Pacific region, the IPA prices saw a downward trend in Q2 2024, with South Korea experiencing the most significant price drops. Weak demand from key sectors such as pharmaceuticals and solvents, coupled with excess inventory, led to price reductions. Geopolitical tensions and disrupted trade flows worsened logistics, adding to the downward pressure. The strengthening of regional currencies against the dollar further reduced purchasing power for importers, slowing down procurement. Despite these challenges, the market recovered towards the end of the quarter as inquiries from end-users, especially in the pharmaceutical sector, began to rise.

In Europe, the IPA prices remained stable throughout Q2 2024, with Germany seeing the most price consistency. The balance between supply and demand from sectors like pharmaceuticals and solvents kept the market steady. Prices for raw materials such as acetone and propylene stayed stable, providing a predictable cost environment for production. Demand from neighboring regions was subdued, leading to lower transaction volumes and steady operating rates. Manufacturers operated under pressure, focusing on fulfilling contract customer orders. The quarter ended with a stable pricing environment, benefiting both suppliers and buyers in Europe.

Regional Price Analysis:

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.