Recent domestic isobutyraldehyde price trend
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As can be seen from the above figure, the domestic isobutyraldehyde market price rose sharply this month. On the whole, the price rose from 14166.67 yuan / ton at the beginning of the month to 17066.67 yuan / ton at the end of the month, an increase of 20.47%.
Domestic isobutyraldehyde market in May
From the manufacturer’s quotation, the prices of mainstream domestic isobutyraldehyde manufacturers rose sharply this month, and the manufacturer’s inventory was average. At the end of the month, the quotation for isobutyraldehyde of benefit was 17000 yuan / ton, an increase of 3000 yuan / ton compared with that at the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 17000 yuan / ton at the end of the month, an increase of 3000 yuan / ton compared with the beginning of the month; Hualu Hengsheng quoted 17200 yuan / ton of isobutyraldehyde at the end of the month, an increase of 2700 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 price fell from 8414.60 yuan / ton at the beginning of the month to 8070.60 yuan / ton at the end of the month, a decrease of 4.09%, a year-on-year increase of 3.72% compared with the same period last year, and the cost support was insufficient. The downstream neopentyl glycol market price fell slightly, from 17533.33 yuan / ton at the beginning of the month to 16833.33 yuan / ton at the end of the month, a decrease of 3.99%. The downstream market fell slightly, and the downstream purchasing enthusiasm for isobutyraldehyde weakened.
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Slightly volatile decline in the future
In the middle and early June, the domestic isobutyraldehyde market may suffer a small shock and decline. The price of propylene in the upstream has fallen slightly recently, the cost support is insufficient, the market of neopentyl glycol in the downstream has fallen slightly, the enthusiasm for purchasing isobutyraldehyde in the downstream has weakened, and the product trend has declined under the contradiction between supply and demand. The isobutyraldehyde analysts of the business club believe that in the short term, the domestic isobutyraldehyde market may fluctuate and decline slightly under the influence of supply and demand and raw materials.
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