Price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price was temporarily stable this week. The average price of domestic isobutyraldehyde mainstream market this week was 6,233.33 RMB/ton.

On December 4, the isobutyraldehyde commodity index was 31.64, unchanged from the previous day, down 70.03% from the cycle's highest point of 105.58 points (2021-09-16), and up 5.05% 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 isobutyraldehyde from mainstream isobutyraldehyde manufacturers was temporarily stable this week: the ex factory quotation of Lihuayi isobutyraldehyde this weekend was 6,100 RMB/ton, which was temporarily stable compared with last weekend; The ex factory quotation of Hualu Hengsheng isobutyraldehyde this weekend was 6,400 RMB/ton, which was temporarily stable compared with last weekend; The selling price of isobutyraldehyde produced by Luxi Chemical, which was distributed by Shandong Zhenkun, was 6,200 RMB/ton this weekend, which was temporarily stable compared with 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 7,296.60 RMB/ton at last weekend to 7,710.60 RMB/ton at this weekend, up 5.67%.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 8,933.33 RMB/ton at last weekend to 8,966.67 RMB/ton at this weekend, up 0.37%. Neopentyl glycol market rose slightly, and downstream demand was average, which had a positive impact on isobutyraldehyde.

Market outlook

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

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