1、 Price trend

According to the Commodity Analysis System of Business Society, the average price of isobutyraldehyde in the mainstream domestic market increased from 8533.33 yuan/ton at the beginning of the week to 8700 yuan/ton at the weekend, an increase of 1.95%, and the weekend price increased by 23.11% year-on-year.

2、 Market analysis

From the supply side perspective, mainstream manufacturers of isobutyraldehyde have seen a slight increase in their quotations this week, resulting in low inventory.

The propylene market has slightly increased this week, with prices rising from 6843.25 yuan/ton at the beginning of the week to 6853.25 yuan/ton over the weekend, an increase of 0.15%, and a year-on-year decrease of 8.51% over the weekend. At the beginning of the week, downstream work resumed gradually after the new year, but demand follow-up was slow, upstream goods were not smooth, and prices continued to fall. In the second half of the week, the price of propylene has dropped to a low level, and downstream profit margins have increased. The enthusiasm for entering the market has increased, and sales have improved, resulting in a rebound in propylene prices.

From the perspective of downstream demand, the market situation of new pentanediol has slightly increased, with the market price rising from 10200 yuan/ton at the beginning of the week to 10400 yuan/ton at the weekend, an increase of 1.96%, and the weekend price falling by 5.74% year-on-year. The market situation of neopentyl glycol has slightly increased, with enterprises operating at a high level and downstream demand being good, which has a positive impact on isobutyraldehyde.

3、 Future prospects

In late February, the trend of isobutyraldehyde market may fluctuate and rise. The upstream propylene market has slightly increased, with good cost support, while the downstream new pentanediol market has slightly increased. Enterprises have started operating at a high level, and downstream procurement enthusiasm is good. Business Society’s isobutyraldehyde analyst believes that in the short term, the isobutyraldehyde market may experience slight fluctuations and gains due to various factors such as supply and demand and raw materials.