Recent domestic isobutyraldehyde price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price rose sharply this month. The quotation first rose from 9733.33 yuan / ton on January 1 to 17166.67 yuan / ton on January 11, up 7433.34 yuan / ton, up 76.37%, then fell to 13300.00 yuan / ton on January 25, down 22.52%, and finally rose to 15400.00 yuan / ton on January 31, up 15.79%. Overall, the isobutyraldehyde market rose first, then fell and then rose this month, with an increase of 58.22% for the whole month.

 
From the manufacturer’s quotation, the prices of mainstream domestic isobutyraldehyde manufacturers rose first and then fell this month. The manufacturer’s inventory is general, and the downstream demand is good. The quotation of lihuayi isobutyraldehyde at the end of the month was 15500 yuan / ton, an increase of 6300 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 14500 yuan / ton at the end of the month, an increase of 4500 yuan / ton compared with the beginning of the month; Hualu Hengsheng isobutyraldehyde offered 16200 yuan / ton at the end of the month, an increase of 6200 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first and then fell this month, with a slight rise on the whole. The quotation first rose from 7548.60 yuan / ton on January 1 to 8212.60 yuan / ton on January 20, an increase of 8.80%, and then fell to 7750.80 yuan / ton on January 31, a decrease of 5.62%, a year-on-year increase of 9.66% compared with the same period last year. The cost support is good, which has a positive impact on isobutyraldehyde. The market price of downstream neopentyl glycol rose sharply, and the quotation increased from about 13333.33 yuan / ton at the beginning of the month to 16647.33 yuan / ton at the end of the month, up 3314 yuan / ton, or 24.86%. The downstream market rose sharply, and the downstream purchase enthusiasm for isobutyraldehyde increased. On the whole, the upstream and downstream products had a positive impact on the price of isobutyraldehyde this month.

Market outlook rose slightly

The domestic isobutyraldehyde market may rise slightly in the middle and early days of February. The price of propylene in the upstream has been adjusted at a high level recently, the cost support has been strengthened, the market of neopentyl glycol in the downstream has risen sharply, the enthusiasm of isobutyraldehyde in the downstream has been strengthened, and the product trend is upward 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 rise slightly.