SunSirs: On July 24, the Domestic Price of Isobutyraldehyde Rose 2.69%
July 25 2023 14:12:38 SunSirs (John)
Trade name: Isobutyraldehyde
Latest price (July 24th): 7,633.33 RMB/ton
Analysis review
On July 24, the price of domestic isobutyraldehyde market rose slightly, 200 RMB/ton higher than that on July 21, up 2.69%, and down 1.29% year on year.
The price of raw material propylene had slightly increased, leading to increased cost support. The downstream market of neopentyl glycol was consolidated at a low level, and the downstream customers' enthusiasm for purchasing isobutyraldehyde was general. The trading of isobutyraldehyde market improved, and the market price rose in shock.
Market outlook
In the future, it is expected that the domestic isobutyraldehyde market price may rise in shock, mainly finishing. The average market price is around 7,800 RMB/ton.
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- 2024-05-17 SunSirs: The Price of Isobutyraldehyde First Fell and Then Rose
- 2024-04-24 SunSirs: Under Cost Support, Isobutyraldehyde Fluctuated and Rose This Week
- 2024-04-17 SunSirs: Cost Support Rising, Isobutyraldehyde Stopped Falling and Rebounded This Week
- 2024-04-10 SunSirs: Insufficient Cost Support and Weak Demand, Domestic Isobutyraldehyde Fluctuated and Fell This Week
- 2023-12-28 SunSirs: On December 27th, the Domestic Price of Isobutyraldehyde Increased by 1.24%
