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US IPA market tumbles due to poor demand

There has been declin in prices of IPA is US owing wing demand. Earlier it was anticipated that demand will gain strength in the Auguat end but due to ample supply the traders are feeling the pain of price decline. Here buyers are finding themselves in very comfortable condition and often bargainig the prices on their ease. Corona and hurricane Laura has been the two major factors affecting the petrochemical market in US. US IPA suppliers include ExxonMobil, Dow Chemical, LyondellBasell, Monument Chemical and Shell Chemical.