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At the start of COVID-19 Pandemic, the world experienced a short supply of alcohol (isopropyl and ethyl alcohol) due to panic buying. Write a short essay (3-5 sentences) that explains the ability of this organic compound in eliminating the proliferation of novel coronavirus.

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SHORTAGE SUPPLY OF ALCOHOL

The COVID-19 pandemic has already affected the chemical supply chain, with restrictions in industrial production and weak demand leading to production cuts and trade vulnerability. Logistical problems, staffing shortages and rising inventories are contributing to the overall challenges in the chemical industry. All these factors have changed the supply-demand dynamics and consequently, the commodity prices of major chemicals.

While most petrochemicals experienced weak demand, lengthy supply and low prices in Q1 2020, certain products, such as R-PET and Isopropyl Alcohol (IPA), gained prime importance during this unprecedented crisis. Amongst these products, IPA is the key ingredient to hand sanitisers and other disinfectants for protection against the virus, which created an enormous global demand for the chemical, leading to supply shortages and global price increases.

SHORTAGE SUPPLY OF ALCOHOL ://brainly.ph/question/8252503

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