This week (4.8-4.14), the market price of isobutanol first fell and then stabilized. According to the Commodity Market Analysis System of Shengyishe, as of April 14th, the average price of isobutanol enterprises was 7950 yuan/ton, a decrease of 1.55% compared to last Monday (isobutanol reference 8075 yuan/ton).

Cost side:

Propylene: The domestic propylene (Shandong) market saw a slight increase this week (4.8-4.12). The average price in the Shandong market at the beginning of the week was 6820 yuan/ton, and the average price over the weekend was 6892 yuan/ton, with a weekly increase of 1.02%, providing moderate support for the isobutanol market.

Isobutyraldehyde: According to the commodity market analysis system of Business Society, the price of isobutyraldehyde has fallen since April. On April 12th, the reference price of isobutyraldehyde was 7212.50, a decrease of 4.68% compared to April 1st (7566.67), which lacks support for the isobutyraldehyde market.

Related product n-butanol:

According to the Commodity Market Analysis System of Shengyishe, in early April, the overall market for n-butanol in Shandong, China, showed a fluctuating downward trend. After the Qingming Festival, the n-butanol market experienced a rebound, with a slight upward trend and another downward trend, providing limited support for the isobutanol market.

Supply and demand side: Recently, the main factories have maintained a stable trend, and some companies have slightly weakened their quotations. In the Shandong market, stability is the main focus on the supply side, while downstream inquiries and purchases are mainly for small orders and urgent needs, resulting in a dull market atmosphere. In the East China market, downstream buying intentions are average, with a focus on observation and small order negotiations in the market.

Future Market Forecast:

The isobutanol analyst from Business Society believes that the isobutanol market is currently stable and mainly on the market. Downstream procurement mentality is average, small orders require immediate follow-up, and short-term market support may still be insufficient. It is expected that the isobutanol market will remain stable in the short term, and more attention should be paid to market news guidance.