1、 Price trend
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It can be seen from the above figure that the domestic isobutyraldehyde market price rose slightly this week. The average price of domestic isobutyraldehyde in the mainstream market rose from 6466.67 yuan/ton at the end of last week to 6733.33 yuan/ton at the end of this week, up 4.12%. Compared with the same period last year, it fell 51.56% year-on-year. The isobutyraldehyde commodity index on January 8 was 34.18, which was the same as yesterday, down 67.63% from the cycle’s highest point of 105.58 (2021-09-16), and up 13.48% from the lowest point of 30.12 on October 7, 2022. (Note: the period refers to the period from September 1, 2021 to now)
2、 Market analysis
This week, the prices of mainstream isobutyraldehyde manufacturers rose
From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde rose slightly this week, with the price rising from 7244.60 yuan/ton at the end of last week to 7250.60 yuan/ton at the end of this week, up 0.08%. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the perspective of the downstream industry chain, the market price of neopentyl glycol is low, and the price is 9133.33 yuan/ton. The market price of neopentyl glycol is low, and the downstream demand is general, which has a negative impact on isobutyraldehyde.
3、 Future prospects
The market trend of isobutyraldehyde in the middle and late January may fall slightly. The upstream propylene market rose slightly, with general cost support. The market price of neopentyl glycol in the downstream market was low, and the enthusiasm of downstream procurement was general. The isobutyraldehyde analyst of the Business Club believes that the short-term isobutyraldehyde market may suffer from small fluctuations and falls under the influence of supply and demand, raw materials and other factors.
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