On May 6th, the benchmark price of isobutyraldehyde for Business Society was 9183.33 RMB/ton, an increase of 23.54% compared to the beginning of this month (7433.33 RMB/ton).

Recently, the domestic isobutyraldehyde market price rose. Some manufacturers have stopped for maintenance, resulting in a tightening supply of isobutyraldehyde and tight spot circulation. Large factories have raised their prices. The price of raw material propylene has stabilized at a low level, with average cost support. The downstream market for neopentyl glycol has stabilized at a low level, and downstream customers have a moderate enthusiasm for purchasing isobutyraldehyde. In the future, it is expected that the domestic isobutyraldehyde market price will rise slightly, and the average market price will be around 8500 RMB/ton.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.