1、 Price trend
| Sodium Molybdate |
As can be seen from the above figure, the domestic isobutyraldehyde market price fell sharply this week. This week, the average price of domestic isobutyraldehyde in the mainstream market fell from 8566.67 yuan/ton at the end of last week to 7400.00 yuan/ton at the end of this week, down 13.62%. Compared with the same period last year, it fell 57.23% year on year. The isobutyraldehyde commodity index on February 19 was 37.56, which was the same as yesterday, down 64.43% from the cycle’s highest point of 105.58 (2021-09-16), and up 24.70% from the lowest point of 30.12 on October 7, 2022. (Note: the period refers to the period from September 1, 2021 to now)
2、 Market analysis
| Benzalkonium chloride |
The quotations of mainstream isobutyraldehyde manufacturers fell this week.
From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde fell slightly this week, with the price falling from 7558.25 yuan/ton at the end of last week to 7513.25 yuan/ton at the end of this week, down 0.60%. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isobutyraldehyde. From the perspective of the downstream industry chain, the market price of neopentyl glycol rose slightly, from 10866.67 yuan/ton at the end of last week to 11033.33 yuan/ton at the end of this week, an increase of 1.53%. The market price of neopentyl glycol rose slightly and the downstream demand increased, which had a positive impact on isobutyraldehyde.
3、 Future prospects
The market trend of isobutyraldehyde in late February may be mainly volatile. The upstream propylene market fell slightly and cost support weakened. The market of neopentyl glycol in the downstream has a downward trend, and the purchasing enthusiasm in the downstream is general. The isobutyraldehyde analyst of the Business Club believes that the short-term isobutyraldehyde market may suffer from small fluctuations and falls under the influence of supply and demand, raw materials and other factors.
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