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SunSirs: Up and Down Sharply, Iisobutyraldehyde Fell 33.56% in 2022-Ⅰ

March 08 2023 10:46:59     SunSirs (John)

Price trend of isobutyraldehyde in 2022

In 2022, the domestic isobutyraldehyde market had experienced ups and downs sharply. At the beginning of the year, the average price of domestic isobutyraldehyde mainstream market was 9,733.33 RMB/ton, and at the end of the year, the average price of isobutyraldehyde mainstream market was 6,466.67 RMB/ton, a decrease of 33.56% within the year. The lowest price of the whole year was at the end of September, with the price of 5,933.33 RMB/ton, and the highest price of the whole year was at the middle of February, with the price of 17,833.33 RMB/ton, the largest drop of 66.73% in the year.

Judging from the monthly K-column chart of isobutyraldehyde, the market of isobutyraldehyde in 2022 had experienced ups and downs. The highest increase was 58.22% in January and the highest decrease was 50.81% in June. The isobutyraldehyde commodity index on January 9 was 33.50, down 0.68 points from the previous day, down 68.27% from the cycle's highest point of 105.58 points (2021-09-16), and up 11.22% from the lowest point of 30.12 points on October 7, 2022. (Note: the period refers to the period from September 1, 2021 to now)

Future prospects:

In the first quarter, the market of isobutyraldehyde may fall first and then rise, mainly finishing. The upstream propylene market fell slightly, with general support. The market of neopentyl glycol in the downstream began to rise, and the demand increased. After the Spring Festival, upstream and downstream construction will increase and demand will improve. On the whole, the market of isobutyraldehyde may fall first and then rise in the first quarter.

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