Price trend

According to the market analysis system of SunSirs, there WEre signs of a rebound in the price of n-butyraldehyde recently. As of May 20th, the price of n-butyraldehyde was 7,986 RMB/ton, an increase of 0.93% compared to May 13th at 7,912 RMB/ton.

Analysis review

Raw material

The propylene raw material market had been stable with some decline recently, with strong coal and weak oil in the propylene raw material end, and a lack of support in the cost end.

On the demand side:

Recently, the downstream trimethylolpropane market for butyraldehyde had been on the rise. After the new device was launched, the short stop debugging was completed and normal shipments were made, which provided support for the price of n-butyraldehyde.

Market outlook

Recently, TMA had surged. Due to the announcement of the end of TMA production by the world's second largest TMA production line - the US Ineos device, exports had shown a growth trend, and domestic spot prices were in short supply, resulting in a continuous rise in prices. TMP (downstream trimethylolpropane) can be used as a substitute for TMA in specific industrial fields. So the downstream of butyraldehyde positively supported, and the butyraldehyde market may rise in the future.

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