Recent domestic isobutyraldehyde price trend

It can be seen from the above figure that after a sharp decline in November, the domestic isobutyraldehyde market price stopped falling and rebounded this month. The quotation first fell from 8333.33 yuan / ton on December 1 to 7000.00 yuan / ton on December 10, down 1333.33 yuan / ton, down 16.00%, and then rose to 9100.00 yuan / ton on December 24, up 2100 yuan / ton, up 30.00%. Overall, the isobutyraldehyde market stopped falling and rebounded this month.

Domestic isobutyraldehyde market in December

From the manufacturer’s quotation, the prices of mainstream domestic isobutyraldehyde manufacturers fell first and then rose this month, the manufacturer’s inventory is general, and the downstream demand is poor. The quotation of lihuayi isobutyraldehyde at the end of the month was 8800 yuan / ton, an increase of 400 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 9300 yuan / ton at the end of the month, an increase of 1100 yuan / ton compared with the beginning of the month; Liaocheng yuanze isobutyraldehyde offered 9200 yuan / ton at the end of the month, an increase of 800 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market suffered twists and turns this month. On the whole, it fell slightly. There was an upward trend at the end of the month. The quotation fell from 7545.50 yuan / ton on December 1 to 7427.33 yuan / ton on December 24, down 1.57%, down 6.58% year-on-year compared with the same period last year. The cost support was insufficient, which had a negative impact on isobutyraldehyde. The market price of downstream neopentyl glycol decreased slightly, and the quotation decreased from about 16000 yuan / ton at the beginning of the month to 13500 yuan / ton at the end of the month, down 2500 yuan / ton, with an upward trend at the end of the month. The downstream market fell slightly, and the downstream purchasing enthusiasm for isobutyraldehyde weakened. On the whole, the upstream and downstream products had a negative impact on the price of isobutyraldehyde this month.

Market outlook rose slightly

The domestic isobutyraldehyde market may rise slightly in the middle and first ten days of January. Recently, the price of upstream propylene has decreased slightly, the cost support has been strengthened, the downstream neopentyl glycol market has increased slightly, the downstream enthusiasm for isobutyraldehyde procurement has been strengthened, and the product trend is upward under the contradiction between supply and demand. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short term, the domestic isobutyraldehyde market may rise slightly.