SunSirs: On July 7, the Domestic Price of Isobutyraldehyde Rose 1.90%
July 10 2023 10:26:04 SunSirs (John)
Trade name: Isobutyraldehyde
Latest price (July 7th): 7,166.67 RMB/ton
Analysis review
The domestic isobutyraldehyde market price rose slightly on July 7, 133.34 RMB/ton higher than that on July 6, up 1.90%, and down 4.44% year on year. The price of raw material propylene slightly increased, leading to increased cost support. The downstream market of neopentyl glycol rose slightly, and downstream customers were more enthusiastic about purchasing isobutyraldehyde. The trading of isobutyraldehyde market improved, and the market price rose in shock.
Market outlook
It is expected that the domestic isobutyraldehyde market price will rise in shock in the future, mainly sorting out. The average market price is around 7,200 RMB/ton.
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