1、 Price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price is temporarily stable this week. The average price of domestic isobutyraldehyde mainstream market this week is 6233.33 yuan/ton. On December 4, the isobutyraldehyde commodity index was 31.64, unchanged from yesterday, down 70.03% from the cycle’s highest point of 105.58 (2021-09-16), and up 5.05% from 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 isobutyraldehyde mainstream manufacturers is temporarily stable this week.

From the upstream and downstream industrial chain, the propylene market of isobutyraldehyde upstream raw material market rose slightly this week, with the price rising from 7296.60 yuan/ton at the weekend to 7710.60 yuan/ton at the weekend, up 5.67%. The upstream raw material market price rose slightly, and the cost support increased. Affected by the supply and demand, it had a positive impact on the isobutyraldehyde price. From the perspective of the downstream industry chain, the market price of neopentyl glycol rose slightly, with the price rising from 8933.33 yuan/ton at the weekend to 8966.67 yuan/ton at the weekend, up 0.37%. Neopentyl glycol market rose slightly, and downstream demand was average, which had a positive impact on isobutyraldehyde.

3、 Future market forecast

The market trend of isobutyraldehyde in the first half of December may rise slightly. The upstream propylene market rose slightly and cost support increased. The market price of neopentyl glycol in the downstream rose slightly, and the purchasing enthusiasm in the downstream increased. The isobutyraldehyde analysts from the business community believe that the isobutyraldehyde market may rise slightly due to the impact of supply and demand, raw materials and other aspects in the short-term isobutyraldehyde market.