Isobutyraldehyde prices fluctuated and rose in February

According to the commodity market analysis system of SunSirs, as of February 26, the domestic price of isobutyraldehyde was 6,433.33 RMB/ton, a 5.35% increase compared to the price of 6,106.67 RMB/ton on February 1. In February, the operating rate of isobutyraldehyde enterprises remained stable at around 85%. With the rise in the price of downstream neopentyl glycol, demand for isobutyraldehyde increased, leading to a fluctuating upward trend in isobutyraldehyde prices in February.

Isobutyraldehyde manufacturers' operating rates fell from high levels

In February, Yankuang Lunan Chemical's 30,000-ton/year isobutyraldehyde plant operated at low capacity; Anqing Shuguang's isobutyraldehyde plant, with a designed capacity of 25,000 tons/year, partially switched to other production; Shandong Lihuayi's 25,000-ton/year isobutyraldehyde plant switched to other production; Jiangsu Huachang's 30,000-ton/year isobutyraldehyde plant operated normally while its new plant started production; Dongming Dongfang Chemical's 15,000-ton/year octanol plant resumed operation. Overall, isobutyraldehyde manufacturers maintained high operating rates, and the operating rate remained stable in February. Ample isobutyraldehyde production continued to support price increases.

Increased demand for isobutyraldehyde

Neopentyl glycol prices rose in February. On February 26, Yantai Wanhua quoted 7,850-8,000 RMB/ton, a significant increase from 7,550-7,700 RMB/ton on February 1. The rise in neopentyl glycol prices has boosted demand for isobutyraldehyde, providing strong support for its price increase.

Market Outlook

According to analysts at SunSirs, isobutyraldehyde production was stable and supply was ample. On the demand side, rising neopentyl glycol prices were increasing demand for isobutyraldehyde, further supporting price increases. Looking ahead, stable costs, coupled with ample supply and rising demand, will continue to support isobutyraldehyde prices, which are expected to stabilize strongly in the near future.

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