Material Insights · Understanding the Material World

Isopropanol: Trading

No futures, so how do Indian buyers set price?

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • China (East China, Shandong)
  • Taiwan and Korea
  • US Gulf

Who sells, and from where

  • India
  • Southeast Asia
  • Europe
  • Latin America

Price benchmarks

BenchmarkPublisherBasis
IPA FOB Korea / CFR ChinaICIS / Plattsspot, weekly
IPA regional price indexIMARC, ChemAnalystquarterly / monthly
US IPA contractICISmonthly contract, c/lb

Exchanges

VenueContractNotes
noneno IPA futureshedged via propylene or not at all

Contract types

  • Spot parcels and ISO tanks
  • Quarterly contracts with pharma buyers
  • Electronic-grade long-term supply agreements

Traders and distributors

  • Distributors such as Brenntag, Univar, IMCD and Indian chemical traders (indicative)

How Indian buyers price it

  • Indian buyers price on CFR India import parity plus applicable anti-dumping duty for Chinese origin.
  • Domestic producers (Deepak Fertilisers, Deepak Phenolics) set list prices against import parity.
  • DGTR opened an anti-dumping investigation on IPA from the EU, Korea, Taiwan and the US on 28-29 September 2026 (Global Trade Alert; Indian Chemical News).

Recent price points

DatePriceBasisSource
Q3 2025$872/tChinaIMARC, Dec 2025
Q3 2025$1,393/tUSAIMARC, Dec 2025
Q3 2025$1,385/tFranceIMARC, Dec 2025
Q3 2025$1,594/tSouth AfricaIMARC, Dec 2025

Good sources to follow

IMARC price indexfreemium research site · IMARC Group

Quarterly regional IPA prices

Global Trade Alertfree research site · St Gallen Endowment

Trade remedies including Indian anti-dumping cases

Indian Chemical Newsfree newsletter · Indian Chemical News

Indian chemical industry, DGTR briefs