Recent domestic isobutyraldehyde price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price first rose and then fell this month. The quotation first rose from 15400.99 yuan / ton on February 1 to 17833.33 yuan / ton on February 13, an increase of 15.80%, and then fell to 13933.33 yuan / ton on February 28, a decrease of 21.87%. Overall, the isobutyraldehyde market rose first and then fell this month, with a decline of 9.52% for the whole month.

Domestic isobutyraldehyde market in February

manufactor February 1st February 13th February 28th

Li Huayi 15500 yuan / ton 17500 yuan / ton 14000 yuan / ton

Shandong Zhenkun 14500 yuan / ton 18000 yuan / ton 13500 yuan / ton

Hualu Hengsheng 16200 yuan / ton 18000 yuan / ton 14300 yuan / ton

From the manufacturer’s quotation, the price of domestic mainstream isobutyraldehyde manufacturers fell slightly this month, the manufacturer’s inventory is general, and the downstream demand is weakened. The quotation of lihuayi isobutyraldehyde at the end of the month is 14000 yuan / ton, which is 1500 yuan / ton lower than that at the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 13500 yuan / ton at the end of the month, which fell by 1000 yuan / ton compared with the beginning of the month; Hualu Hengsheng isobutyraldehyde offered 14300 yuan / ton at the end of the month, which fell by 1900 yuan / ton compared with the beginning of the month.

The upstream support is good and the downstream demand is weakened

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first, then fell and then rose this month. The quotation increased from 7750.80 yuan / ton on February 1 to 8375.50 yuan / ton on February 28, an increase of 8.06%, down 2.09% year-on-year compared with the same period last year. The cost support was good, which had a positive impact on isobutyraldehyde. The market price of downstream neopentyl glycol first rose and then fell. The quotation first rose from 16647.33 yuan / ton on February 1 to 20500.00 yuan / ton on February 23, an increase of 23.11%, and then fell to 19666.67 yuan / ton on February 28, a decrease of 4.07%. The downstream market rose first and then fell, and the downstream purchasing enthusiasm for isobutyraldehyde weakened.

The market outlook fell slightly

The domestic isobutyraldehyde market may fluctuate slightly in the middle and first ten days of March. The price of propylene in the upstream has stopped falling and rebounded recently, and the cost support has been strengthened. However, the market of neopentyl glycol in the downstream has decreased slightly, the enthusiasm for purchasing isobutyraldehyde in the downstream has weakened, and the product trend has declined 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 fluctuate and decline slightly.