Product Name: IPA

Latest price: The market average price on January 22nd was 6,660 RMB/ton, unchanged from the previous trading day.

Analysis review

On January 22nd, the average market price was 6,660 RMB/ton, unchanged from the previous trading day. The IPA market was temporarily stable and operating. The upstream acetone market was fluctuating at a high level, and cost support was still acceptable. As the end of the year approaching, downstream market inquiries were average, market trading was cautious, and trading was limited. Overall, the market enthusiasm was average and the market was relatively stagnant.

Market outlook

It is expected that the IPA market will stabilize and operate in the short term.

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