Recent domestic isobutyraldehyde price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price has twists and turns this month. The quotation first increased from 13866.67 yuan / ton on March 1 to 15466.67 yuan / ton on March 10, an increase of 11.54%, then decreased to 10833.33 yuan / ton on March 21, a decrease of 29.96%, and then increased to 15966.67 yuan / ton, an increase of 47.38%. Overall, the isobutyraldehyde market rose slightly this month, up 15.14% for the whole month.

From the manufacturer’s quotation, the price of domestic mainstream isobutyraldehyde manufacturers increased 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 was 15900 yuan / ton, an increase of 2400 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 15900 yuan / ton at the end of the month, an increase of 2100 yuan / ton compared with the beginning of the month; Hualu Hengsheng isobutyraldehyde offered 16100 yuan / ton at the end of the month, an increase of 1800 yuan / ton compared with the beginning of the month.

The upstream support is general, and the downstream demand is weakened

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first and then fell this month. The quotation fell from 8433.83 yuan / ton on March 1 to 8405.67 yuan / ton on March 30, a decrease of 0.33%, a year-on-year increase of 6.64% compared with the same period last year, and the cost support is general. The market price of downstream neopentyl glycol decreased slightly, and the quotation fell from 19000.00 yuan / ton on March 1 to 17733.33 yuan / ton on March 30, a decrease of 6.67%. The downstream market fell slightly, and the downstream purchasing enthusiasm for isobutyraldehyde weakened.

The market outlook fell slightly

The domestic isobutyraldehyde market may fluctuate slightly in the middle and early ten days of April. The recent high price of propylene in the upstream fell, the cost support was insufficient, the market of neopentyl glycol in the downstream fell slightly, the enthusiasm for isobutyraldehyde procurement in the downstream weakened, and the product trend 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.