1、 Price trend

As can be seen from the figure above, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market fell from 6233.33 yuan/ton at the weekend to 6216.67 yuan/ton at the weekend, down 0.27%. A year-on-year decrease of 13.26%. On December 11, the isobutyraldehyde commodity index was 31.56, unchanged from yesterday, down 70.11% from the cycle’s highest point of 105.58 (2021-09-16), and up 4.78% from the lowest point of 30.12 on October 7, 2022. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers fell this week.

From the perspective of upstream and downstream industrial chains, the propylene market of isobutyraldehyde upstream raw material market fell slightly this week, with the price falling from 7710.60 yuan/ton at the end of last week to 7434.60 yuan/ton at the end of this week, a decrease of 3.58%. The upstream raw material market price fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of isobutyraldehyde was negatively affected. From the perspective of the downstream industry chain, the market price of neopentyl glycol was adjusted at a low level, with the price of 8966.67 yuan/ton. The market of neopentyl glycol was consolidated at a low level, and the downstream demand was general, which had a negative impact on isobutyraldehyde.

3、 Future market forecast

The market trend of isobutyraldehyde in mid and late December may rise slightly. The upstream propylene market stopped falling to maintain stability, and cost support increased. The market price of neopentyl glycol in the downstream was adjusted at a low level, and the purchasing enthusiasm in the downstream was general. The isobutyraldehyde analysts from the business community believe that the isobutyraldehyde market may rise slightly due to the impact of supply and demand, raw materials and other aspects in the short-term isobutyraldehyde market.