SunSir: On August 21st, the Domestic Price of Isobutyraldehyde Decreased by 3.24%
August 22 2023 09:24:12 SunSirs (John)
Product name: isobutyraldehyde
Latest price (August 21st): 7,966.67 RMB/ton
Analysis review
On August 21st, the domestic market price of isobutyraldehyde slightly decreased, with a decrease of 266.67 RMB/ton compared to August 18th, a decrease of 3.24%, and a year-on-year increase of 11.16%.
The price of raw material propylene stabilized at a high level, with average cost support. The downstream market for neopentyl glycol stabilized at a low level, and downstream customers had weak enthusiasm for purchasing isobutyraldehyde. The trading situation in the isobutyraldehyde market was light, and the market prices fluctuated and fell.
Market outlook
In the future, it is expected that the domestic market price of isobutyraldehyde may fluctuate and fall, mainly consolidating. The average market price is around 7,800 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 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%
- 2023-12-21 SunSirs: On December 20th, Domestic Isobutyraldehyde Prices Increased by 1.67%
