SunSirs: On December 7th, Domestic Isobutyraldehyde Prices Increased by 2.21%
December 08 2023 14:04:48 SunSirs (John)
Product name: Isobutyraldehyde
Latest price (December 7th): 7,700.00 RMB/ton
Analysis review
On December 7th, the domestic market price of isobutyraldehyde slightly increased, with a price increase of 166.67 RMB/ton compared to December 6th, an increase of 2.21%, and a year-on-year increase of 18.21%.
The price of raw material propylene had slightly decreased, with average cost support. The downstream market for neopentyl glycol was consolidating at a low level, and downstream customers had average enthusiasm for purchasing isobutyraldehyde. Some manufacturers had stopped for maintenance, resulting in a decrease in the circulation of goods in the market, and some dealers had raised their prices.
Market outlook
In the future, it is expected that the domestic market price of isobutyraldehyde will fluctuate and rise, with consolidation being the main trend. 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.
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