NTPC Green Energy tendered a water demineralisation plant for its planned 7GW green hydrogen-based chemicals hub in Andhra Pradesh. The project targets 2.5 million tonnes per year of hydrogen-based chemicals, adding substantial future green hydrogen supply and likely easing price pressure.
The IEA expects world oil demand to decline year-on-year for the first time since 2020, driven by the Iran war and Strait of Hormuz closure. Prices have eased on prospects of a surplus late in 2026, but renewed hostilities threaten supplies and introduce volatility.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Isopropyl Alcohol | China | FOB | USD 968.62/MT | July 2026 |
| Isopropyl Alcohol | India | FOB | USD 1,557.14/MT | July 2026 |
| Isopropyl Alcohol | USA | FOB | USD 1,472.64/MT | July 2026 |
| Isopropyl Alcohol | Brazil | CIF | USD 1,140.23/MT | July 2026 |
| Isopropyl Alcohol | Canada | CIF | USD 1,505.64/MT | July 2026 |
| Isopropyl Alcohol | China | FOB | USD 1,039.80/MT | June 2026 |
| Isopropyl Alcohol | India | FOB | USD 1,258.58/MT | June 2026 |
| Isopropyl Alcohol | USA | FOB | USD 1,521.31/MT | June 2026 |
| Isopropyl Alcohol | Brazil | CIF | USD 1,211.40/MT | June 2026 |
| Isopropyl Alcohol | Canada | CIF | USD 1,536.31/MT | June 2026 |
Stay updated with the latest Isopropyl Alcohol prices, historical data, and tailored regional analysis
Asia
In China, the average price of Isopropyl Alcohol fell from ~USD 1,336/MT in April to ~USD 1,040/MT in June, a ~22% decrease. The decline became more pronounced toward June as weaker acetone support reduced production-cost pressure and producers lowered quotations to stimulate sales. Softer downstream trading also limited buying interest, while lower propylene costs added to the decline in upstream support. In India, the average price fell from ~USD 2,409/MT in April to ~USD 1,259/MT in June. The market faced weaker cost support alongside cautious downstream procurement. The temporary removal of customs duty on imported isopropyl alcohol from April 2 through June 30 improved import economics and supported material availability, adding further pressure to domestic market conditions.
Europe
In Europe, Isopropyl Alcohol markets were influenced by the same broader shift from upstream cost pressure toward softer petrochemical fundamentals. Earlier-quarter energy and logistics disruptions increased uncertainty across chemical supply chains, while easing feedstock pressure later in the quarter reduced support for producers. Demand remained selective as downstream buyers avoided aggressive inventory accumulation. The combination of weaker upstream support and cautious procurement kept the European market under pressure during the latter part of Q2’26.
North America
In the USA, the average price of Isopropyl Alcohol increased from ~USD 1,485/MT in April to ~USD 1,521/MT in June, marking a ~2% increase. Unlike Asia, North American market conditions retained stronger upstream cost pressure during periods of geopolitical disruption. Elevated energy costs and supply-chain uncertainty supported production and logistics expenses, although cautious downstream purchasing limited a stronger increase.
Analyst Insight
According to Procurement Resource, Isopropyl Alcohol markets are expected to remain sensitive to acetone and propylene availability, energy costs, import flows, and downstream replenishment activity.
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Asia
In Asia, isopropyl alcohol followed a volatile trajectory, initially supported by tight supply conditions and strong downstream demand from pharmaceuticals, sanitizers, and coatings. Early in the quarter, reduced operating rates and low inventories supported firm sentiment. However, as production units resumed and new capacity entered the market, supply increased, and demand softened due to seasonal slowdown, leading to weaker conditions. Towards March, the market strengthened again as disruptions in plant operations and logistics tightened availability. The impact of geopolitical tensions and supply chain disturbances significantly supported propylene, raising production costs and pushing isopropyl alcohol sentiment upward, while downstream sectors continued procurement mainly for essential requirements.
Europe
In Europe, isopropyl alcohol conditions remained relatively stable but firm, supported by steady downstream demand from pharmaceuticals, industrial cleaning, and coatings sectors. Supply remained balanced, but rising logistics costs and geopolitical disruptions increased replacement costs across the region. The influence of propylene was visible through cost-side support, especially as supply chain disruptions and higher energy-linked costs limited any downward movement. Buyers maintained cautious purchasing strategies, focusing on immediate needs rather than large inventory buildup, which kept the market stable with slight upward pressure.
North America
In North America, the isopropyl alcohol market strengthened towards the latter half of the quarter, supported by tighter domestic availability and higher logistics costs. Limited import flexibility and steady demand from disinfectants, personal care, and industrial solvents maintained firm consumption levels. The effect of propylene remained a key cost driver, as supply chain disruptions and elevated upstream costs reinforced supplier pricing power. Inventory levels remained controlled, preventing any oversupply situation and supporting overall market firmness.
Analyst Insight
According to Procurement Resource, in the near term, isopropyl alcohol prices are expected to remain firm with moderate fluctuations, as continued feedstock cost support and supply disruptions balance against cautious downstream demand.
Isopropyl alcohol appears to be a colourless, flammable chemical molecule with a pungent odour. The most basic sort of secondary alcohol is one in which the alcohol carbon atom is connected to two additional carbon atoms. It is both a structural isomer of 1-propanol and a structural isomer of ethyl methyl ether. It is a frequent constituent in chemical compounds such as antiseptics, disinfectants, and detergents, and is utilised in the creation of a wide range of industrial and domestic chemicals.
C3H8O
Cosmetic and Personal care, Pharmaceutical, Food and Beverage, Paints and Coatings, Chemical
2-Propanol, Isopropanol, Isopropyl Alcohol, Rubbing Alcohol
The Dow Chemical Company, Exxon Mobil, Shell Chemicals Europe B.V., INEOS Enterprises Group Limited, Super Chemical Technology Co. Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
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.
Isopropyl alcohol is made from high-quality (or polymer-grade) propene. Direct hydration of gaseous propene with water in the presence of acidic catalysts is used to produce this product, which is very popular in the United States. As a by-product, propyl alcohol is obtained in relatively small amounts.
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This report provides the cost structure of isopropyl alcohol production by hydrogenation of crude acetone.
Isopentyl Alcohol Manufacturing Plant Project Report thoroughly focuses on every detail that encompasses the cost of manufacturing. Our extensive cost model meticulously covers breaking down expenses around raw materials, labour, technology, and manufacturing expenses. This enables precise cost structure optimization and helps in identifying effective strategies to reduce the overall cash cost of manufacturing.
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