Price trend

As can be seen from the figure above, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 6,216.67 RMB/tonn at last weekend to 6,600.00 RMB/tonn at this weekend, up 6.18%. And a year-on-year decrease of 21.43%.

On December 18, the isobutyraldehyde commodity index was 33.50, unchanged from the previous day, down 68.27% from the cycle's highest point of 105.58 points (2021-09-16), and up 11.22% from the lowest point of 30.12 points on October 7, 2022. (Note: Period refers to 2021-09-01 to now)

Analysis review

The quotation of mainstream isobutyraldehyde manufacturers rose this week: the ex factory quotation of Lihuayi isobutyraldehyde this weekend was 6,500 RMB/tonn, up 400 RMB/tonn compared with last weekend; The ex factory quotation of Hualu Hengsheng isobutyraldehyde this weekend was 6,700 RMB/tonn, which was 400 RMB/tonn higher than that of last weekend; Shandong Zhenkun sold isobutyraldehyde produced by Luxi Chemical at 6,600 RMB/tonn this weekend, which was 350 RMB/tonn higher than last weekend.

From the upstream and downstream industrial chain, the propylene market of isobutyraldehyde upstream raw material market rose slightly this week, with the price rising from 7,436.60 RMB/tonn at last weekend to 7,608.60 RMB/tonn at this weekend, up 2.34%. The upstream raw material market price rose slightly, and the cost support increased. 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 8,966.67 RMB/tonn at last weekend to 9,166.67 RMB/tonn at this weekend, up 2.23%. Neopentyl glycol market rose slightly, with better downstream demand, which had a positive impact on isobutyraldehyde.

Market outlook

The market trend of isobutyraldehyde in late December may mainly rise slightly. The upstream propylene market rose slightly and cost support increased. The downstream neopentyl glycol market stopped falling and rose, and the downstream purchasing enthusiasm increased. The isobutyraldehyde analysts from SunSirs believe that in the short term, the isobutyraldehyde market may mainly rise slightly due to the impact of supply and demand and raw materials.

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