This week, the domestic isobutyraldehyde price fell by 2.05% (9.5-9.9)

1、 Price trend

 

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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 8133.33 yuan/ton at the beginning of the week to 7966.67 yuan/ton at the end of the week, down 2.05%. On September 12, the isobutyraldehyde commodity index was 39.93, which was the same as yesterday, down 62.18% from the highest point 105.58 in the cycle (September 16, 2021), and up 18.00% from the lowest point 33.84 on August 7, 2022. (Note: Period refers to 2021-09-01 to now)

 

2、 Market analysis

 

The quotation of mainstream isobutyraldehyde manufacturers fell slightly this week.

 

From the perspective of the upstream and downstream industrial chains, in the upstream raw material market of isobutyraldehyde, the propylene market rose slightly this week, with the price rising from 7040.60 yuan / ton at the end of last week to 7320.60 yuan / ton at the end of this week, an increase of 3.98%. The upstream raw material market price rose slightly, and the cost support was strengthened. Affected by the supply and demand, it had a positive impact on the isobutyraldehyde price. From the perspective of the downstream industry chain, the market price of neopentyl glycol rose slightly, with the price rising from 9966.67 yuan/ton at the weekend to 10433.33 yuan/ton at the weekend, up 4.68%. Neopentyl glycol market rose slightly and downstream demand increased, which had a positive impact on isobutyraldehyde.

 

3、 Future forecast

 

The market trend of isobutyraldehyde in mid September may rise slightly. The upstream propylene market rose slightly, and cost support strengthened. The downstream neopentyl glycol market rose and fell slightly, and the downstream procurement enthusiasm was good. 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.

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