Isopropanol(IPA) Prices See Modest Declines As Supply Increases

- May 18, 2020-

Isopropanol(IPA) prices see modest declines as supply increases

 

Consumption of Isopropanol (IPA) and ethanol has spiked in recent months as downstream products such as hand sanitisers, rubbing alcohols and wet wipes have been flying off the shelves amid the novel coronavirus pandemic.

In the Isopropanol (IPA) market, demand in southeast Asia fell for the first time since mid-March given competition posed by an influx of ethanol in some countries.

While demand for Isopropanol (IPA) continues to be strong due to surging demand for hand sanitizers, prices are starting to come down from previous highs.