After the holiday, the price of isobutyraldehyde increased significantly

According to the Commodity Market Analysis System of Business Society, the price of isobutyraldehyde has significantly increased after the holiday. As of May 6th, the domestic quotation for isobutyraldehyde was 7975 yuan/ton, an increase of 4.25% compared to the price of 7650 yuan/ton on May 1st.

The overall production of isobutyraldehyde in April has significantly decreased, but compared to downstream production, the decline in production is limited. The isobutyraldehyde factory has sufficient supply but insufficient demand. The prices of raw materials have stabilized strongly, and the support for raw materials still exists.

The price of raw material propylene fluctuates and consolidates

According to the Commodity Market Analysis System of Business Society, as of May 6th, the price of propylene was 6774.60 yuan/ton, a slight decrease of 0.38% compared to the price of 6800.60 yuan/ton on May 1st. The prices of raw material crude oil have stabilized at a high level, while the support from the rise in propylene costs remains. The supply of propylene is sufficient, and downstream production has increased. After the holiday, propylene has stabilized at a high level.

Downstream demand support

According to the Commodity Market Analysis System of Business Society, as of May 6th, the price of new pentanediol was 9966.67 yuan/ton, which is strong and temporarily stable compared to the price of 9966.67 yuan/ton on May 1st. After the holiday, some new pentanediol companies have raised their prices, and downstream demand support still exists. The upward momentum of isobutyraldehyde has increased.

Market Overview and Forecast

Business Society’s isobutyraldehyde industry analyst believes that in terms of cost, the strong consolidation of raw material propylene prices still supports the rise in isobutyraldehyde costs; In terms of supply and demand, the production of isobutyraldehyde is stable, the supply of isobutyraldehyde is sufficient, and the production of new pentanediol enterprises is stable. The demand support for isobutyraldehyde still exists. In the future, due to limited cost support, supply and demand have increased, and isobutyraldehyde enterprises have a strong willingness to raise prices. It is expected that isobutyraldehyde prices will consolidate strongly in the future.