Price trend
According to the Commodity Analysis System of SunSirs, the average price of isobutyraldehyde in the domestic market on May 21st was 5,983.33 RMB/ton, a decrease of 1.10% compared to the previous trading day.
Analysis review
The upstream propylene market fluctuated and cons
olidated, and the cost support for isobutyraldehyde weakened. Downstream manufacturers of neopentyl glycol started production temporarily stable, while the price of neopentyl glycol had fluctuated and fallen. The enthusiasm for downstream procurement was weak, and the supply of isobutyraldehyde was sufficient. Overall, the upward support for isobutyraldehyde weakened, and downward pressure still existed.
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