The price of isobutyraldehyde in China fell by 18.81% (1.15-1.21) this week

1、 Price trend

 

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As can be seen from the above figure, the domestic isobutyraldehyde market price fell sharply this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 16833.33 yuan / ton last weekend to 13666.67 yuan / ton this weekend, down 3166.66 yuan / ton, or 18.81%. On the whole, isobutyraldehyde market fell sharply this week.

 

2、 Market analysis

 

The quotation of mainstream isobutyraldehyde manufacturers fell sharply this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 13500 yuan / ton, which was 2500 yuan / ton lower than that last weekend; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 14000 yuan / ton, which is 3300 yuan / ton lower than that last weekend; Shandong Zhenkun isobutyraldehyde offered 13500 yuan / ton this weekend, down 3700 yuan / ton compared with last weekend.

 

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From the perspective of upstream and downstream industrial chains, the propylene market in the upstream raw material market of isobutyraldehyde increased slightly this week. The quotation increased from 7886.80 yuan / ton at the beginning of the week to 8192.60 yuan / ton at the end of the week, an increase of 3.88%, an increase of 9.43% year-on-year compared with the same period last year. The market price of upstream raw materials rose slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the downstream industrial chain, the market price of neopentyl glycol increased slightly, and the quotation increased from 16520.00 yuan / ton last weekend to 16647.33 yuan / ton this weekend, an increase of 0.77%. Neopentyl glycol market rose first and then fell, and the downstream demand is general, which has a negative impact on isobutyraldehyde.

 

3、 Future forecast

 

The market trend of isobutyraldehyde in late January may decline slightly. The upstream propylene market rose slightly and the cost support increased, but there was a downward trend. The downstream neopentyl glycol market rose first and then fell, and the downstream procurement enthusiasm is general. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may fluctuate and decline slightly.

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