Price trend
|
Details of the market price of isobutyraldehyde in Shandong on May 11 |
|||
|
Factory |
May 9 |
May 11 |
variation |
|
Hualu Hengsheng |
8,600 RMB/ton |
8,600 RMB/ton |
0 RMB/ton |
|
Luxi Chemical |
8,400 RMB/ton |
8,400 RMB/ton |
0 RMB/ton |
|
Ningxia Jiuhong |
8,500 RMB/ton |
8,500 RMB/ton |
0 RMB/ton |
According to the SunSirs Commodity Analysis System, the average domestic market price for isobutyraldehyde stood at 8,500 RMB/ton on May 11, remaining stable compared to the previous trading day.
Market analysis:
With upstream propylene prices on the decline, cost support for isobutyraldehyde has weakened. Yantai Wanhua has quoted neopentyl glycol at 9,750–9,900 RMB/ton—a figure reflecting a slight downward trend—while Luxi Chemical has quoted neopentyl glycol at 8,500 RMB/ton, a price that appears to be stabilizing. Downstream neopentyl glycol prices have experienced volatile declines, dampening purchasing enthusiasm among downstream buyers. Consequently, operating rates for isobutyraldehyde production have fallen, leading to a reduction in supply. Amidst declining costs and weakening downstream demand, overall support for a rise in isobutyraldehyde prices has diminished, while downward pressure on the market has intensified.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.
