Domestic isobutyraldehyde prices rose by 8.61% (2.28-3.4) this week

1、 Price trend

 

Benzalkonium chloride

As can be seen from the above figure, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 13933.33 yuan / ton at the beginning of the week to 15133.33 yuan / ton at the end of the week, up 1200.00 yuan / ton, or 8.61%.

 

2、 Market analysis

 

The quotation of mainstream isobutyraldehyde manufacturers increased slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 14600 yuan / ton, which increased by 600 yuan / ton compared with the beginning of the week; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 15500 yuan / ton, which is 1200 yuan / ton higher than that at the beginning of the week; Shandong Zhenkun isobutyraldehyde offered 15300 yuan / ton this weekend, an increase of 1800 yuan / ton compared with the beginning of the week.

 

Sodium Molybdate

From the perspective of upstream and downstream industrial chains, the propylene market in the upstream raw material market of isobutyraldehyde increased slightly this week. The quotation increased from 8375.50 yuan / ton at the beginning of the week to 9017.17 yuan / ton at the end of the week, an increase of 7.66%, an increase of 6.60% year-on-year over the same period last year. The market price of upstream raw materials rose slightly and the cost support was good. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the downstream industrial chain, the market price of neopentyl glycol fell slightly, and the quotation fell from 19333.33 yuan / ton at the beginning of the week to 18833.33 yuan / ton at the end of the week, down 2.59%. The neopentyl glycol market fell slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.

 

3、 Future forecast

 

The market trend of isobutyraldehyde in the middle and early days of March may rise slightly. Although the downstream neopentyl glycol market fell slightly, the downstream procurement enthusiasm weakened. However, the upstream propylene market rose sharply and the cost support increased. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may rise slightly.

http://www.lubonchem.com/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>