1、 Price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 14600.00 yuan / ton last weekend to 14533.33 yuan / ton this weekend, down 0.46%. On April 23, the isobutyraldehyde commodity index was 73.77, unchanged from yesterday, down 30.13% from the highest point of 105.58 in the cycle (2021-09-16), and up 107.63% from the lowest point of 35.53 on December 11, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers fell slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 14300 yuan / ton, down 200 yuan / ton compared with last weekend; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 14800 yuan / ton, which is temporarily stable compared with last weekend; Shandong Zhenkun isobutyraldehyde offered 14500 yuan / ton this weekend, which was temporarily stable compared with last weekend.

From the perspective of upstream and downstream industrial chains, the propylene market in the upstream raw material market of isobutyraldehyde fell slightly this week, and the quotation fell from 8441.00 yuan / ton last weekend to 8421.00 yuan / ton this weekend, a decrease of 0.24%. 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 downstream industrial chain, the market price of neopentyl glycol is adjusted at a low level, and the quotation is 17533.33 yuan / ton. The market of neopentyl glycol was consolidated at a low level and the downstream demand was weakened, which had a negative impact on isobutyraldehyde.

3、 Future forecast

The market trend of isobutyraldehyde in late April may decline slightly. The upstream propylene market fell slightly and the cost support weakened. The downstream neopentyl glycol market was adjusted at a low level, and the downstream procurement enthusiasm was weakened. 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 fluctuate and decline slightly.