1、 Price trend

As can be seen from the figure above, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market fell from 6500.00 yuan/ton at the weekend to 6333.33 yuan/ton at the weekend, a decline of 2.56%. On November 20, the isobutyraldehyde commodity index was 32.15, unchanged from yesterday, 69.55% lower than the cycle’s highest point of 105.58 (2021-09-16), and 6.74% higher than the lowest point of 30.12 on October 7, 2022. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers fell slightly this week.

From the perspective of upstream and downstream industrial chains, the propylene market of isobutyraldehyde upstream raw material market fell slightly this week, with the price falling from 7330.60 yuan/ton at the end of last week to 7230.60 yuan/ton at the end of this week, a decline of 1.36%. The upstream raw material market price fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of isobutyraldehyde was negatively affected. From the perspective of the downstream industry chain, the market price of neopentyl glycol fell slightly, from 9666.67 yuan/ton at the end of last week to 9200.00 yuan/ton at the end of this week, a decrease of 4.83%. Neopentyl glycol market fell slightly and downstream demand weakened, which had a negative impact on isobutyraldehyde.

3、 Future market forecast

The market trend of isobutyraldehyde in late November may fall slightly. The upstream propylene market declined slightly, and the cost support was insufficient. The market of neopentyl glycol in the downstream fell slightly, and the enthusiasm for downstream procurement weakened. The isobutyraldehyde analysts from the business community believe that the short-term isobutyraldehyde market may be subject to slight shock and decline under the influence of supply and demand, raw materials and other aspects.