2-Propanol Price Trend

Acetone is reacted with hydrogen in the presence of a hydrogenation catalyst to produce 2-propanol. On March 22th, the ketone's East China market was anticipated to be 5900 RMB/MT during early domestic acetone trading. The price of international crude oil soared, shippers' spirits were up, and the offer was firm. The acetone market in the United States was brisk. Contract customers in East China aggressively assimilated the dominant bargaining range of 5900 RMB/MT. However, under the effect of the pandemic, logistical transportation is currently poor. Volatility in raw material prices also affected the prices of 2-propanol.

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Procurement Resource provides latest prices of 2-Propanol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description:

Procurement Resource provides prices of 2-Propanol for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About 2-Propanol:

2-Propanol is a chemical compound that is colourless, flammable, and odourless. An isopropyl group linked to a hydroxyl group is the most basic example of a secondary alcohol, in which the alcohol carbon atom is attached to two other carbon atoms. It is an ethyl methyl ether and 1-propanol structural isomer.

Chemical Formula:

  • C3H8O

Synonyms:

  • Isopropanol
  • Isopropyl alcohol
  • 2-Propanol
  • Propan-2-ol

Molecular Weight:

  • 60.1 g/mol

Industrial Uses:

  • Cosmetics and personal care
  • Pharmaceuticals
  • Paints and coatings
  • Food and beverages

Production Processes:

  • Production of 2-Propanol from Propene via Direct Hydrogenation; from Propene via Indirect Hydrogenation

Direct hydration of propene yields 2-propanol. Propene is hydrated at high pressure with water and a catalyst, resulting in the formation of 2-propanol.

Supplier Database:

  • Dow Chemical
  • Mistral Industrial Chemicals
  • INEOS Corporation
  • ReAgent Chemicals Ltd.
  • LyondellBasell Industries
  • Linde Gas

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Procurement Resource also provides the detailed production cost analysis of 2-Propanol See more

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