The latest price of isobutyraldehyde (May 24): 8,000 RMB/ton, the market outlook is bearish
Key points of analysis: On May 24, the domestic market price of isobutyraldehyde fell slightly, down 366.67 RMB/ton, or 4.38%, from the price on May 23, and down 52.57% year-on-year. The price of raw material propylene fell slightly, and the cost support was insufficient. The downstream neopentyl glycol market fell slightly, and downstream customers became less active in purchasing isobutyraldehyde. Multiple negatives, isobutyraldehyde fluctuated and fell.
Future market forecast: It is expected that the domestic market price of isobutyraldehyde may fluctuate slightly and drop, mainly in order. The average market price is around 7800 RMB/ton.
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