Recent domestic isobutyraldehyde price trend

It can be seen from the above figure that the market price of isobutyraldehyde fell first and then rose in August. The market price of isobutyraldehyde fell from 7300.00 yuan / ton on August 1 to 6666.67 yuan / ton on August 6, a decrease of 8.68%. Then it rose to 7200.00 yuan / ton on August 31, an increase of 8.00%. Compared with the same period last year, it decreased by 63.45%.

On August 30, the isobutyraldehyde commodity index was 36.38, which was the same as yesterday, down 65.54% from the highest point of 105.58 in the cycle (September 16, 2021), and up 7.51% from the lowest point of 33.84 on August 7, 2022. (Note: the period refers to September 1, 2021 to now). According to the weekly histogram of isobutyraldehyde, isobutyraldehyde fell first and then rose in August, with the largest drop of 8.68% this week.

Domestic isobutyraldehyde market in August

From the manufacturer’s quotation, the price of domestic mainstream isobutyraldehyde manufacturers decreased slightly in August, and the manufacturer’s inventory was general.

Insufficient upstream support and weak downstream demand

From the perspective of the upstream and downstream industrial chain of isobutyraldehyde, the market of propylene in the upstream of isobutyraldehyde fluctuated and fell in August. The propylene price decreased from 7348.60 yuan / ton at the beginning of the month to 7118.60 yuan / ton at the end of the month, a decrease of 3.13%. Compared with the same period last year, the year-on-year decrease was 8.10%. Insufficient upstream cost support has a negative impact on the price of isobutyraldehyde.

The downstream neopentyl glycol market fell slightly in August. The price of neopentyl glycol decreased from 10900 yuan / ton at the beginning of the month to 9966.67 yuan / ton at the end of the month, a decrease of 8.56%. The downstream market declined slightly, and the purchasing enthusiasm of downstream manufacturers for isobutyraldehyde weakened.

In the future, the market fluctuated slightly and fell

The domestic isobutyraldehyde market may rise slightly in the middle and early September. The upstream propylene price has an upward trend at the end of the month, and the cost support has improved. The weather has gradually turned cool, the off-season of the terminal industry of neopentyl glycol has gradually ended, the downstream factories have increased their enthusiasm for purchasing isobutyraldehyde, and the product trend has risen under the contradiction between supply and demand. The isobutyraldehyde analysts of business club believe that in the short term, the domestic isobutyraldehyde market may rise slightly under the influence of supply and demand and raw materials.