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U.S. isopropanol prices fall due to weak demand

 Last Update: 2022-06-18
 Source: Internet
 Author: User

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Unlike in the spring, market participants say that the market is oversupply

This week, the domestic price fell by 2 cents/lb at the low end to 44 US dollars/lb, and at the high end by 4 cents/lb.

Spot prices also fell by 2-4 cents/lb to 58-64 cents/lb (FOB US Gulf)

Although prices are still higher than before the epidemic, most of the increases at the end of the first quarter and the beginning of the second quarter have disappeared

This is caused by declining demand and overproduction

The demand for hand sanitizer has fallen

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