ALCOHOLS

Alcohol trading is a significant component of the chemical industry, with a diverse range of products and applications. Ethanol is the most commonly traded alcohol, used in various industries including fuel, pharmaceuticals, and cosmetics. Methanol is also a widely traded alcohol, primarily used in the production of formaldehyde, acetic acid, and biodiesel. Other alcohols such as butanol, propanol, and isopropyl alcohol are traded in smaller quantities and are used in a range of applications including solvents, coatings, and adhesives. The global alcohol trading market is driven by factors such as increasing demand from end-use industries, government regulations, and the development of new applications for alcohol products. The market is also influenced by factors such as production costs, availability of raw materials, and transportation costs.