US isopropanol (IPA) spot prices rose last week after declining for several months, as imports are expected to decline in the short term.
IPA spot prices rose 2 cents/lb ($44/tonne) on the low end and 4 cents/lb on the high end. Prices are now assessed at 57-62 cents/lb FOB (free on board) tank truck US Gulf.
Due to the nature of the uptick, the range of IPA prices in the market also widened.
In the late spring, when IPA prices soared, there were very wide ranges. These narrowed in H2 2020, especially as prices decreased.
