After the holiday, the market price of isobutanol has increased. According to the Commodity Market Analysis System of Shengyishe, as of May 8th, the average price of isobutanol enterprises was 8000.00 yuan/ton, an increase of 0.63% compared to the price on April 30th.

Supply and demand side: After the holiday, factory inventory in the Shandong market is low, and shipments are still acceptable. The mainstream negotiation focus in the isobutanol market has shifted upwards, and downstream inquiries and purchases are mainly followed up on urgent needs. The mentality of the East China market is strong, with an upward trend in quotations and a strong demand for transactions.

Cost side:

Propylene: According to the commodity market analysis system of Business Society, the reference price of acrylic acid on May 7th was 6875.00, an increase of 0.73% compared to May 1st (6825.00), which provides sufficient support for the isobutanol market.

Isobutyraldehyde: According to the commodity market analysis system of Shengyi Society, the price of isobutyraldehyde has increased after the holiday. As of May 7th, the domestic isobutyraldehyde quotation was 7975 yuan/ton, an increase of 4.25% from May 1st isobutyraldehyde price of 7650 yuan/ton, providing stronger support for the isobutyraldehyde market.

Related product n-butanol:

According to the commodity market analysis system of Business Society, on May 7th, the reference price of n-butanol (industrial grade) was 7866.67, an increase of 0.43% compared to May 1st (7833.33). After the holiday, the n-butanol market slightly increased, providing support for the isobutanol market.

Future Market Forecast:

Business Society Isobutanol Analysts believe that the supply side has been operating without pressure recently, coupled with the rise of upstream isobutyraldehyde, the price of related products, n-butanol, has slightly increased, providing multiple support for the rise in isobutyl alcohol prices. In the future, the price of raw material isobutyraldehyde may consolidate strongly, supporting or continuing isobutyl alcohol. Downstream demand is mainly for fixed procurement, and supply and demand support is still acceptable. It is expected that the isobutyl alcohol market will continue to operate in the short term, and more attention should be paid to market news guidance.