SunSirs: On August 25th, the Domestic Market price of IPA Declined
August 28 2023 14:48:34     SunSirs (John)Product name: IPA
Latest price: 7,940 RMB/ton
Analysis review
On August 25th, the IPA market declined and the trading atmosphere on the market was weaker. The decline in upstream acetone prices dampened confidence in the IPA market. Downstream orders were just in needed, and the demand lacked support. They were cautious in receiving goods and mainly wait-and-see. The buying enthusiasm was not high, and the shipment from the holding company was relatively weak.
Market outlook
In the short term, the IPA market is operating to be weaker, and pay attention to the subsequent trend of raw material prices.
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