Product Name: IPA

Latest price: The market average price on February 25th was 6,770 RMB/ton, a decrease of 1.17% from the previous trading day.

Market outlook

On February 25th, the IPA market experienced a decline. The confidence in the market was average, with a narrow downward trend in the upstream acetone market and weak cost support. At the same time, downstream inquiries were average, and the demand in the end market was relatively light. Downstream procurement enthusiasm was not high, and transactions were cautious. Overall, the market remained weak.

Market outlook

It is expected that the IPA market will consolidate and weaken in the short term, and attention should be paid to the trend of the raw material market.

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