Price trend
|
Details of the market price of isobutyraldehyde in Shandong on March 18 |
|||
|
Factory |
March 17 |
March 18 |
variation |
|
Hualu Hengsheng |
8,000 RMB/ton |
7,900 RMB/ton |
-100 RMB/ton |
|
Luxi Chemical |
7,800 RMB/ton |
7,700 RMB/ton |
-100 RMB/ton |
|
Ningxia Jiuhong |
8,300 RMB/ton |
7,800 RMB/ton |
-500 RMB/ton |
According to the SunSirs Commodity Analysis System, the average domestic market price for isobutyraldehyde stood at 7,800 RMB/ton on March 18, marking a 0.43% decline compared to the previous trading day.
Market analysis
The upstream propylene market was undergoing volatile consolidation, while isobutyraldehyde production costs were fluctuating but trending toward stability. Yantai Wanhua had maintained its neopentyl glycol (NPG) quotation at 9,950–10,100 RMB/ton, holding prices steady for the time being; meanwhile, Luxi Chemical quoted NPG at 9,500 RMB/ton, with prices showing a stabilizing trend. Downstream NPG prices were fluctuating yet stabilizing, and purchasing enthusiasm among downstream buyers remained intact. Isobutyraldehyde plant operating rates remained stable, ensuring an ample supply of the product. With production costs declining and downstream prices temporarily holding steady, overall market support for a rise in isobutyraldehyde prices had weakened, while downward pressure persisted.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.
