For the Quarter Ending September 2025
North America
• In the USA, the Diisopropyl Ether Price Index fell 6.69% quarter-over-quarter due to weak demand.
• The average Diisopropyl Ether price for the quarter was approximately USD 1858.33/MT, reflecting weak trade.
• Diisopropyl Ether Spot Price remained range-bound as Houston congestion and balanced plant run-rates limited movement.
• Diisopropyl Ether Price Forecast signals downside risk from inventory overhang and continued subdued buyer activity.
• Diisopropyl Ether Production Cost Trend saw limited relief as isopropanol eased amid rising logistic expenses.
• Diisopropyl Ether Demand Outlook remains subdued with agrochemical and colorant sectors pulling back this quarter.
• Elevated inventories pressured the Diisopropyl Ether Price Index, while selective pharmaceutical buying supported weekly gains.
• Major USGC producers-maintained run-rates with no outages, while export delays caused domestic inventory accumulation.
Why did the price of Diisopropyl Ether change in September 2025 in North America?
• Soft downstream demand from agrochemical and colorant sectors reduced offtake, allowing inventories to build domestically.
• Houston congestion and export delays limited outbound flows, causing domestic stock accumulation and softer activity.
• Feedstock easing offered marginal production cost relief, but persistent logistics and regulatory concerns restrained buying.
APAC
• In China, the Diisopropyl Ether Price Index rose by 12.79% quarter-over-quarter, supported by export demand.
• The average Diisopropyl Ether price for the quarter was approximately USD 1675.00/MT on FOB Qingdao.
• Diisopropyl Ether Spot Price firmed as logistics bottlenecks and robust regional buying constrained immediate availability.
• Diisopropyl Ether Price Forecast shows upside as pharmaceutical demand and export orders persist into autumn.
• Diisopropyl Ether Production Cost Trend improved as isopropyl alcohol feedstock eased, preserving producer margins overall.
• Diisopropyl Ether Demand Outlook positive driven by pharmaceutical R&D and agrochemical reformulations supporting steady exports.
• Diisopropyl Ether Price Index gains reflected low stocks and persistent orders from India, Southeast buyers.
• Producers maintained high operating rates, limiting spot availability while port permit backlogs intermittently hampered exports.
Why did the price of Diisopropyl Ether change in September 2025 in APAC?
• Stronger export demand from India and Southeast Asia tightened spot volumes, lifting China Price Index.
• Eased isopropyl alcohol feedstock costs reduced pressure but freight and permit constraints raised landed costs.
• Policy stimulus boosting domestic consumption and resilient pharmaceutical R&D supported solvent demand, sustaining price firmness.
Europe
• In Germany, the Diisopropyl Ether (DIPE) demand decline in Q3 2025, reflecting persistent inventory overhang and soft seasonal demand.
• Diisopropyl Ether Spot Price remained subdued amid weak agrochemical off-season volumes and conservative buyer strategies.
• Diisopropyl Ether Spot Price softened as regulatory compliance costs rose without offsetting demand recovery, impacting Price Index readings.
• Forecast for Diisopropyl Ether Price Forecast remains cautious amid modest long-term growth prospects and greener substitution trends.
• Production Cost Trend signals stable propylene and crude oil inputs in Germany, but unpassed-on pressures limited Price Index resilience.
• Demand Outlook shows mixed pace; pharmaceutical and research sectors sustain DIPE consumption alongside specialty solvents.
• Market dynamics include strict EU safety mandates, normalized trade logistics, and inventory drawdowns supporting Spot Price stability.
• Research-driven applications and potential Q4 agrochemical restocking may provide selective Price Index support.
• Substitution in coatings and food industries by sustainable alternatives may cap broader Diisopropyl Ether Price Index upside.
Why did the price of Diisopropyl Ether change in September 2025 in Europe?
• Supply remained ample with steady propylene availability and no major disruptions post-normalized trade flows.
• Cost pressures were modest due to stable feedstock levels, contributing to price softening in Q3 2025 despite compliance burdens.
• Demand dynamics persisted weakly in agrochemicals but held steady in pharma and research, dampening overall DIPE consumption in Europe.
For the Quarter Ending June 2025
North America
• The DIPE Spot Price in North America declined marginally by 0.03% quarter-over-quarter in Q2 2025, reflecting minimal downward pressure in the Price Index.
• Despite strong seasonal demand from coatings and cleaning agents, increased regulatory scrutiny around VOCs in industrial solvents weakened downstream confidence.
• Imports from Germany remained stable, but slower offtake from end-use sectors led to stock accumulation, dampening buyer sentiment.
• Houston Port witnessed intermittent congestion, which slightly disrupted export flows to Mexico and Japan but did not impact overall availability.
• Domestic production remained limited, and feedstock IPA prices were steady, keeping the DIPE Production Cost Trend broadly unchanged.
Why did the price of DIPE change in July 2025 in the U.S.?
• In July 2025, the DIPE Price Index declined due to weakening demand in paints, coatings, and food-related solvent sectors.
• New VOC regulations led buyers to shift toward low-VOC alternatives, pressuring DIPE offtake.
• Ample inventories and cautious restocking behavior further weakened price resilience.
• Import dependency on Europe remained high, but logistical flows remained intact via USGC ports.
Asia Pacific
• The DIPE Spot Price in China declined by 0.22% quarter-over-quarter in Q2 2025, following five weeks of price stability before a late-June uptick.
• Ongoing port congestion at Qingdao and regulatory interventions in the pharma and cosmetic industries limited both domestic operations and exports.
• Feedstock IPA prices fell in early June but rebounded later; however, DIPE pricing was largely insulated due to tight supply and low production rates.
• Demand from Southeast Asia remained firm, supported by automotive paint restocking and hygiene applications.
• The DIPE Production Cost Trend stayed stable, though margins were compressed amid tighter compliance and oversight across industries.
Why did the price of DIPE change in July 2025 in China?
• Prices stayed flat for most of June, but at the starting of July domestic stimulus for construction and consumer goods lifted demand.
• The SAMR’s on June 30, lifted healthcare procurement restrained pharma demand temporarily due to which demand got elevated in July.
• Despite strong overseas orders from India, and other ASEAN nation.
• Cosmetic industry regulations added downside risk, but solid exports kept the market balanced.
Europe
• DIPE Spot Prices in Germany stayed soft during Q2 2025, under pressure from lower domestic and U.S. demand.
• German exports to the U.S. slowed mid-quarter due to rising inventories and weak consumer confidence in solvents and coatings.
• Feedstock IPA costs remained flat, offering no cost support for price increases.
• Regulatory emphasis on sustainable solvents prompted some buyers to transition away from DIPE, reducing long-term demand visibility.
• The DIPE Production Cost Trend remained stable but pressured margins due to declining pricing power.
Why did the price of DIPE change in July 2025 in Europe?
• In July, DIPE prices in Germany were affected by continued weak demand and high inventories in North America.
• Despite steady output, lower offtake from both domestic and export markets forced sellers to maintain competitive offers.
• Regulatory factors and reduced coatings sector demand led to further softening of the Price Index.
• Germany's DIPE exports to India and Southeast Asia offered some relief but couldn’t offset regional oversupply.
For the Quarter Ending March 2025
North America
The North American Diisopropyl Ether (DIPE) market displayed a stable yet cautious trend during the first quarter of 2025. Supply levels remained steady, supported by adequate inventory management, while demand from key downstream sectors such as pharmaceuticals and solvents showed signs of plateauing. Early-quarter market activity was subdued, influenced by weak industrial orders and logistical challenges. However, slight adjustments in feedstock costs and seasonal restocking helped bolster a modest upward trajectory in the latter half of the quarter. Despite economic uncertainties and fluctuating crude oil prices, the market-maintained equilibrium, with no significant disruptions to supply or demand dynamics.
In the United States, DIPE prices saw a modest increase of 0.67% compared to the previous quarter, averaging USD 1992.33/MT during Q1 2025. Intra-quarter price trends remained largely flat, driven by steady feedstock costs and cautious procurement practices by domestic buyers. Balanced inventories and normalized downstream demand further contributed to the market's stability. The overall sentiment within the DIPE market remained neutral, with participants adopting a measured approach to procurement. Looking ahead, the market is expected to experience continued price consolidation, supported by moderate seasonal demand and stable supply conditions, reinforcing the balanced dynamic observed in Q1.
APAC
In the first quarter of 2025, the Asia-Pacific (APAC) Diisopropyl Ether (DIPE) market faced subdued demand as cautious consumption trends dominated downstream sectors, particularly in pharmaceuticals and solvents. Elevated inventory levels persisted throughout the quarter as manufacturers and traders adopted conservative procurement strategies. This restraint was influenced by financial year-end adjustments and economic uncertainties, which further dampened buying interest. Despite limited demand, production levels remained stable, contributing to an oversupply scenario. The combination of ample stock and muted industrial activity fostered a bearish market sentiment, leading to restrained trading volumes and downward pressure on prices.
In China, DIPE prices experienced a marginal decline of 0.89% compared to Q4 2024, averaging $1488.33 USD/MT during Q1 2025. Monthly price trends remained relatively flat, indicating limited market movement due to weak demand and cautious buyer behavior. Market dynamics were shaped by the availability of sufficient inventories and reduced activity in downstream applications, maintaining a stable yet bearish environment. The near-term outlook points to continued price consolidation, with potential for a slight weakening trend as market participants adopt a wait-and-see approach amid ongoing economic uncertainties and subdued industrial activity. Producers and traders remain focused on aligning supply with market conditions to mitigate further price erosion.
Europe
In Germany, the Diisopropyl Ether (DIPE) market delivered mixed steady decline performance in the first quarter of 2025. Despite a noticeable increase in the feedstock prices compared to the fourth quarter of 2024, the cost pressure did not transit to the Diisopropyl Ether (DIPE). The primary reason for this stability was the persistently weak demand from downstream sectors.
Key industries that typically consume DIPE such as agrochemicals, and specialty solvents faced a period of off-season activity, leading to limited order volumes. Many buyers adopted a conservative procurement strategy, opting to draw down existing inventories rather than place new or bulk orders. This cautious approach helped balance the upward pressure from rising input costs, thereby preventing any substantial shifts in DIPE prices.
Market sentiment remained largely neutral, with suppliers maintaining stable output to align with modest demand levels. Inventory levels were reported as adequate, and no major supply disruptions occurred during the quarter. Overall, the German DIPE market was characterized by stability in pricing, moderate trading activity, and a cautious downstream environment influenced by seasonal trends and economic uncertainty.
For the Quarter Ending December 2024
North America
In the fourth quarter of 2024, Diisopropyl Ether (DIPE) prices in North America saw a slight decrease, primarily driven by a slowdown in demand from downstream industries and stable supply levels. As the year drew to a close, many sectors relying on DIPE, such as pharmaceuticals, coatings, and chemicals, reduced their activity in anticipation of the holiday season and New Year. This seasonal slowdown led to a drop in overall consumption of DIPE, putting downward pressure on prices.
The New Year sales period did not significantly impact DIPE demand, as downstream industries typically focus on inventory optimization during this time rather than bulk purchasing. Many businesses were cautious in replenishing stock, as they awaited clearer market trends for the coming year, further contributing to subdued demand. The cautious buying behavior from sectors like pharmaceuticals, automotive, and consumer goods reduced the urgency for raw material purchases, including DIPE.
On the supply side, production remained steady, with North American manufacturers and imports from global markets ensuring that the supply of DIPE met the reduced demand. As a result, the combination of stable supply and slower consumption led to a slight decrease in DIPE prices in North America during the fourth quarter of 2024.
APAC
In the fourth quarter of 2024, Diisopropyl Ether (DIPE) prices in India exhibited a mixed trend, with ex-Mumbai prices showing an initial period of stability followed by an increase in the final month. Throughout the first two months of the quarter, ex-Mumbai prices remained relatively stable, with limited fluctuations observed in the domestic market. This stability was largely due to balanced supply and demand dynamics, alongside steady availability of raw materials.
However, in the final month of the quarter, prices for Diisopropyl Ether saw a noticeable uptick. This increase can be attributed to a combination of factors, including rising global demand and supply chain constraints that affected availability. Additionally, higher CFR (Cost and Freight) prices for imports into India from key suppliers, such as China, contributed to the price escalation. Chinese prices for DIPE also experienced a rise in the last month of the quarter, adding pressure to Indian prices as the cost of imported products became more expensive.
The increase in the final month of the quarter reflected heightened market activity and a tightening of supply, driven by both global and domestic factors. In conclusion, the quarter saw a stable start, followed by a price increase, influenced by supply chain factors and global price movements.
Europe
In the fourth quarter of 2024, Diisopropyl Ether (DIPE) prices in Europe saw a decline, driven by trends in downstream industries and broader market dynamics. As the year wound down, downstream sectors like pharmaceuticals, chemicals, and coatings, which are significant consumers of DIPE, experienced a slowdown in production. Many of these industries reduced their activity heading into the New Year, as companies focused on inventory management and prepared for the holiday season. This reduced demand contributed to the softening of DIPE prices, as fewer orders were placed.
Additionally, downstream industries, particularly in the chemical and automotive sectors, faced uncertainty about their 2025 production schedules. Many companies were cautious about committing to large quantities of DIPE, leading to a more conservative purchasing strategy that further eased pricing pressure. This trend was particularly noticeable in the last month of the quarter, where the decrease in demand for DIPE became more pronounced.
On the supply side, steady production levels from European and global suppliers ensured a stable market. Imports from key countries remained consistent, which kept supply plentiful despite lower consumption from downstream industries. The combination of subdued demand from end-users, particularly in chemicals and pharmaceuticals, along with stable supply, led to a decrease in DIPE prices in Europe during the fourth quarter of 2024.
