In late July 2025, DIPE prices diverged regionally—stable in the U.S., firm in India, and bullish in China. U.S. stability was supported by steady production and logistics, while China’s gains stemmed from port congestion and agrochemical demand. India saw modest increases from seasonal pesticide demand, high freight, and currency depreciation.
Throughout the latter half of July 2025, Diisopropyl Ether (DIPE) prices showed contradictory regional patterns. Whereas the U.S. DIPE market held steady, both India and China experienced modest increases, with a mix of logistical constraints, foreign exchange volatility, and persistent downstream demand.
DIPE Del USGC prices were unchanged during the week ending 25th July and 1st August, while prevailing balanced conditions were held despite a 12-week bearish trend. Production by major producers such as LyondellBasell, ExxonMobil, Indorama Ventures, Eastman Chemical, and Monument Chemical was constant, with no capacity additions, outages, or debottlenecking on record. The supporting factors were good river drafts, effortless logistics, stable energy prices, and flat USD/EUR and USD/JPY exchange rates. Counterbalancing pressures comprised in-house plant usage below 80%, bulging stocks at the Port of Houston, and a moderate 0.30% raise in isopropanol feedstock by 1st August. Altogether, the market should continue to be range-bound in the short term.
FOB Qingdao DIPE rose by +0.61% during the week ending 25th July and again by +2.42% as of 1st August, extending the 12-week bullish rally. Support was provided by rain-caused port congestion in South China, reducing tanker turnarounds and constricting spot supply, combined with buoyant agrochemical demand for the manufacture of chlorantraniliprole. A depreciation of 0.48% in CNY on 1st August provided additional upward pressure on import prices. Moderating factors included high producer stocks, weak downstream orders in coatings and agrochemicals, high packaging and funding costs, and weak speculative activity. DIPE prices may be firm upcoming week.
Ex-Mumbai DIPE prices firmed up in the week to 25th July but increased by +0.61% as of 1st August. Gains were led by high freight rates, congestion at Qingdao ports, high Kharif-season pesticide offtake, and a near 3% depreciation of the Rupee. Regulatory enforcement in Rajasthan and high downstream consumption supported positive sentiment. Local production was more than sufficient to restrict sharp gains. DIPE prices may increase moderately in the next week with high operating capacity checking sharp hikes.
ChemAnalyst, anticipate the U.S. DIPE prices are anticipated to stay range-bound, underpinned by stable production and transport despite modest inventory pressure and increasing feedstock expenses. In China, DIPE prices may most likely remain firm, fueled by port congestion, robust agrochemical demand, and import cost pressures stemming from currency, although DIPE high inventories and weak downstream demand may cap further increases. In India, mild pressure in the upward direction is likely to persist, driven by seasonal peak Kharif-demand, high freight, and exchange rate depreciation, while good domestic supply may curb steep rises.
