Isopropyl Alcohol (IPA) Prices in the United States:

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.

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APAC Isopropyl Alcohol (IPA) Prices Movement Q2 2024:

Isopropyl Alcohol (IPA) Prices in South Korea:

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:

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 the 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.

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