Isobutyraldehyde prices fluctuate and rise
According to the Commodity Market Analysis System of Shengyi Society, as of January 28th, the domestic price of isobutyraldehyde was 6016.67 yuan/ton, a fluctuating increase of 4.64% compared to the January 1st price of 5766.67 yuan/ton. The price of propylene has fluctuated and risen, coupled with low production and inventory levels of isobutyraldehyde manufacturers, resulting in a tight supply of isobutyraldehyde and a significant increase in isobutyraldehyde prices.
The price of raw material propylene fluctuates and rises
According to the Commodity Market Analysis System of Shengyi Society, as of January 28th, the price of propylene was 6411 yuan/ton, a fluctuating increase of 12.13% compared to the price of 5717 yuan/ton on January 1st. There are many maintenance tasks for the propylene plant, and the supply of propylene is temporarily tight, resulting in fluctuating propylene prices. Cost support, the increase in cost of isobutyraldehyde provides significant support.
Isobutyraldehyde manufacturers increase production and supply
The overall production rate of isobutyraldehyde manufacturers has slightly increased, with a production rate of about 87%.
Market Overview and Forecast
The analyst of the isobutyraldehyde industry at Shengyi Society believes that in terms of cost, the price of raw material propylene has risen significantly, and the support for the increase in isobutyraldehyde costs has increased; In terms of supply and demand, the production of isobutyraldehyde has increased, the supply of isobutyraldehyde has increased, and the upward momentum of isobutyraldehyde has decreased. In the future, with the significant increase in costs, the support for the rise of isobutyraldehyde will increase, and the pressure for the decline of isobutyraldehyde supply will increase. Overall, the support for the rise of isobutyraldehyde still exists, and it is expected that the price of isobutyraldehyde will fluctuate and rise in the future.
| http://www.polyvinylalcohols.com |