Isopropyl Alcohol (IPA) Prices Boosted by Raw Material Costs

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North America Isopropyl Alcohol (IPA) Prices Movement Q2 2024:

 

Isopropyl Alcohol (IPA) Prices in the United States:

Product

Category

Price

Isopropyl Alcohol (IPA)

Pharma API

1297 USD/MT

In the second quarter of 2024, U.S. isopropyl alcohol (IPA) prices saw a notable increase, primarily driven by higher feedstock costs and seasonal demand. The rising costs of raw materials used in IPA production put upward pressure on prices, while an uptick in seasonal demand, especially from industries like cleaning and healthcare, further supported the price rise. However, towards the end of the quarter, there was a slight decline in prices as end-user inquiries began to reduce, signaling a slowdown in immediate demand. Despite this dip, IPA prices remained elevated, closing at 1,297 USD/MT, reflecting the continued influence of feedstock costs and the overall demand dynamics for the product.

APAC Isopropyl Alcohol (IPA) Prices Movement Q2 2024:

Isopropyl Alcohol (IPA) Prices in South Korea:

Product

Category

Price

Isopropyl Alcohol (IPA)

Pharma API

1177 USD/MT

By the end of June 2024, South Korea's isopropyl alcohol (IPA) prices had dropped to 1,177 USD/MT, reflecting a significant decline in the market. This downturn was driven by weak demand from key industries, such as automotive and electronics, coupled with an oversupply of IPA in the market. Additionally, external factors, including geopolitical tensions and fluctuations in the currency exchange rate, added further pressure on prices, worsening the market outlook. The combination of reduced consumption and global economic uncertainties resulted in a challenging environment for IPA pricing in the region.

Europe Isopropyl Alcohol (IPA) Prices Movement Q2 2024:

Isopropyl Alcohol (IPA) Prices in Germany:

Product

Category

Price

Isopropyl Alcohol (IPA)

Pharma API

1454 USD/MT

At the end of Q2 2024, Germany's isopropyl alcohol (IPA) price stood at 1,454 USD/MT, reflecting the stability of the market during the quarter. Prices showed minimal fluctuations, thanks to a steady supply of IPA and consistent raw material costs. Moderate demand levels were met efficiently, ensuring that there were no significant disruptions. The market was able to maintain this balance due to stable operational conditions, with external factors having little effect on the pricing trends. This resulted in a steady pricing environment, with no major shifts observed throughout the period.


How IMARC Pricing Database Can Help

The latest IMARC Group study, “Isopropyl Alcohol (IPA) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Isopropyl Alcohol (IPA) price trend, offering key insights into global Isopropyl Alcohol (IPA) market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Isopropyl Alcohol (IPA) demand, illustrating how consumer behaviors and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices.

Unlock Real-Time Isopropyl Alcohol (IPA) Price Trends Today: https://www.imarcgroup.com/isopropyl-alcohol-pricing-report

 
Key Features:

Key Attributes

Details

Product Name

Isopropyl Alcohol (IPA)

Report Features

Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Isopropyl Alcohol (IPA) Price Analysis, and Segment-Wise Assessment.

Currency/Units

US$ (Data can also be provided in local currency) or Metric Tons

Information Covered for Key Suppliers

·       Company Overview

·       Business Description

·       Recent Trends and Developments

Customization Scope

The report can be customized as per the requirements of the customer

About Us:

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.

Contact us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
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