The price of new pentanediol fluctuated and fell this week

According to the Commodity Market Analysis System of Business Society, as of April 15th, the price of new pentanediol was 9933.33 yuan/ton, a decrease of 0.33% compared to the price of 9966.67 yuan/ton on April 8th.

This week, the new pentanediol factory offered discounts on sales. The inventory of new pentanediol manufacturers was high, and downstream demand for new pentanediol weakened. The new pentanediol market transactions were poor, and there is still downward pressure on new pentanediol.

The price of raw material isobutyraldehyde fluctuates and falls

According to the Commodity Market Analysis System of Shengyishe, as of April 15th, the domestic isobutyraldehyde quotation was 7225 yuan/ton, a decrease of 0.86% from the isobutyraldehyde price of 7287.50 yuan/ton on April 8th. With the continuous rise of crude oil prices, the price of propylene, the raw material of isobutyraldehyde, has fluctuated and risen. Downstream inventories of new pentanediol are high, and the demand for isobutyraldehyde is weak due to the rising cost. The downward pressure on isobutyraldehyde prices has weakened, and the upward momentum has increased.

According to the Commodity Market Analysis System of Business Society, as of April 15th, the domestic formaldehyde quotation was 1197.50 yuan/ton, a decrease of 0.21% from the formaldehyde price of 1200 yuan/ton on April 8th. The upstream raw material methanol is short-term bearish, formaldehyde inventory is accumulating, and the pressure of formaldehyde decline is increasing, causing formaldehyde prices to fluctuate and fall.

Market Overview and Forecast

An analyst at Shengyishe believes that in terms of cost, formaldehyde prices have fluctuated and fallen, while isobutyraldehyde prices have fluctuated and fallen. The cost of new pentanediol has decreased, and isobutyraldehyde prices have rebounded and stabilized. In terms of raw materials, the downward pressure on new pentanediol has weakened, and the upward momentum has increased; In terms of demand, there are many low-priced offers for new pentanediol, but actual transactions are relatively poor. On the supply side, the high inventory of new pentanediol manufacturers puts significant pressure on the decline of new pentanediol. In the future, the cost support for new pentanediol is increasing, and demand is weak. New pentanediol manufacturers have high inventories, and the supply of new pentanediol is sufficient. The expected price of new pentanediol in the future is expected to fluctuate and stabilize.