1、 Price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price fell slightly this week. The average price of isobutyraldehyde in the mainstream domestic market this week fell from 8466.67 yuan / ton at the beginning of the week to 8000.00 yuan / ton at the end of the week, a decrease of 5.51%. On July 24, the isobutyraldehyde commodity index was 39.26, unchanged from yesterday, down 62.81% from the highest point 105.58 in the cycle (2021-09-16), and up 10.50% from the lowest point 35.53 on December 11, 2021. (Note: the period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers fell slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 7500 yuan / ton, which fell 700 yuan / ton compared with last weekend; Hualu Hengsheng isobutyraldehyde made an ex factory quotation of 8000 yuan / ton this weekend, which fell 700 yuan / ton compared with last weekend; Shandong Zhenkun Luxi isobutyraldehyde offered 8500 yuan / ton this weekend, which was temporarily stable compared with last weekend.

From the upstream and downstream industrial chain, the upstream raw material market of isobutyraldehyde, propylene market fell slightly this week, and the price fell from 7634.60 yuan / ton last weekend to 7340.60 yuan / ton this weekend, a decrease of 3.85%. The market price of upstream raw materials fell slightly, and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of isobutyraldehyde. From the perspective of the downstream industrial chain, the market price of neopentyl glycol fell slightly, from 11200.00 yuan / ton last weekend to 11066.67 yuan / ton this weekend, down 1.19%. The neopentyl glycol market fell slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.

3、 Aftermarket forecast

The market trend of isobutyraldehyde in late July may fall slightly. The upstream propylene market fell slightly, and the cost support was insufficient. The downstream neopentyl glycol market fell slightly, and the downstream purchasing enthusiasm weakened. Isobutyraldehyde analysts at business club believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may decline slightly.