SunSirs: On May 17th, Domestic Isobutyraldehyde Prices Fell by 2.60%
May 18 2023 14:31:00 SunSirs (John)
Product name: isobutyraldehyde
Latest price (May 17th): 8,733.33 RMB/ton
Analysis review
The domestic isobutyraldehyde market price fell slightly on May 17, 233.34 RMB/ton lower than that on May 16, a 2.60% drop, and a drop of 44.49% year-on-year.
Some manufacturers had resumed production and the supply of isobutyraldehyde increased. The price of raw material propylene slightly increased, cost support increased. The downstream market for neopentyl glycol slightly declined, and downstream customers' enthusiasm for purchasing isobutyraldehyde had weakened.
Market outlook
In the future, it is expected that the domestic isobutyraldehyde market price will fall slightly in shock, mainly sorting out. The average market price is around 8,500 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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