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. On the whole, the price increased from 13566.67 yuan / ton at the beginning of the month to 14166.67 yuan / ton at the end of the month, an increase of 4.42%. There is a downward trend at the end of the 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 upstream support is general, and the downstream demand is weakened

From the perspective of upstream and downstream industrial chains, the upstream propylene market fluctuated and rose this month. The price rose from 8200.80 yuan / ton at the beginning of the month to 8414.60 yuan / ton at the end of the month, an increase of 2.61%, a year-on-year increase of 4.58% compared with the same period last year, and the cost support is good. The market price of downstream neopentyl glycol decreased slightly, from 17733.33 yuan / ton at the beginning of the month to 17533.33 yuan / ton at the end of the month, a decrease of 1.13%. 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 May. The price of upstream propylene fluctuated in a narrow range recently, the cost support was insufficient, the market of downstream neopentyl glycol fell slightly, the enthusiasm of downstream for isobutyraldehyde procurement 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.