1、 Price trend
As can be seen from the above figure, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 15366.67 yuan / ton last weekend to 16300.00 yuan / ton this weekend, an increase of 6.07%. On May 20, the isobutyraldehyde commodity index was 82.74, up 1.18 points from yesterday, down 21.63% from the highest point 105.58 in the cycle (2021-09-16), and up 132.87% from the lowest point 35.53 on December 11, 2021. (Note: the period refers to the period from September 1, 2021 to now)
2、 Market analysis
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The quotation of mainstream isobutyraldehyde manufacturers increased slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 16100 yuan / ton, an increase of 800 yuan / ton compared with last weekend; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 16500 yuan / ton, up 1000 yuan / ton compared with last weekend; Shandong Zhenkun isobutyraldehyde offered 16300 yuan / ton this weekend, up 1000 yuan / ton compared with last weekend.
From the perspective of upstream and downstream industrial chains, in the upstream raw material market of isobutyraldehyde, the propylene market fell slightly this week, and the price fell from 8576.60 yuan / ton last weekend to 8330.60 yuan / ton this weekend, down 2.87%. The price of butyraldehyde fell slightly, which weakened the supply and demand of raw materials. From the downstream industrial chain, the market price of neopentyl glycol fell slightly, and the price fell from 17433.33 yuan / ton last weekend to 16833.33 yuan / ton this weekend, down 3.44%. The neopentyl glycol market fell slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.
3、 Future forecast
The market trend of isobutyraldehyde in late may may may mainly decline slightly. The upstream propylene market fell slightly and the cost support was insufficient. The downstream neopentyl glycol market fell slightly, and the downstream purchasing enthusiasm weakened. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may fluctuate and decline slightly.
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