Recent domestic isobutyraldehyde price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price first rose and then fell this month. The quotation first rose from 15500 yuan / ton on October 1 to 19066.67 yuan / ton on October 12, an increase of 23.01, and then fell to 16500.00 yuan / ton on October 31, a decrease of 13.46. On the whole, isobutyraldehyde market fluctuated and rose this month.

Domestic isobutyraldehyde market in October

From the manufacturer’s quotation, the price of mainstream domestic isobutyraldehyde manufacturers increased this month, the manufacturer’s inventory was general, and the downstream demand was good. The quotation of lihuayi isobutyraldehyde at the end of the month was 16500 yuan / ton, which increased by 1000 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde quoted 16500 yuan / ton at the end of this month, an increase of 1000 yuan / ton compared with the beginning of this month; Liaocheng yuanze isobutyraldehyde offered 16500 yuan / ton at the end of the month, an increase of 1000 yuan / ton compared with the beginning of the month.

The upstream support is weakened and the downstream demand is general

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first and then fell. The quotation first rose from 8092.17 yuan / ton on October 1 to 9692.33 yuan / ton on October 12, up 1600.16 yuan / ton, up 19.77%, and then fell to 7950.67 yuan / ton on October 31, down 17.97%, up 18.02% year-on-year compared with the same period last year. The cost support was weakened, which had a negative impact on isobutyraldehyde. The price of downstream neopentyl glycol decreased slightly, and the quotation decreased from about 19800 yuan / ton at the beginning of the month to 19500 yuan / ton at the end of the month, down 300 yuan / ton. The downstream market fell slightly, and the downstream purchasing enthusiasm for isobutyraldehyde weakened. On the whole, the upstream and downstream products had a negative impact on the price of isobutyraldehyde this month.

The market outlook fell slightly

The domestic isobutyraldehyde market may fluctuate slightly in the middle and early days of November. The price of upstream propylene has fallen sharply recently, the cost support has weakened, the downstream neopentyl glycol market has declined slightly, the downstream enthusiasm for purchasing sulfuric acid has weakened, and the product trend has declined under the contradiction between supply and demand. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short term, the domestic isobutyraldehyde market may fluctuate and decline slightly.