SunSirs: On December 20th, Domestic Isobutyraldehyde Prices Increased by 1.67%
December 21 2023 11:36:22 SunSirs (John)
Product name: isobutyraldehyde
Latest price (December 20th): 8,100.00 RMB/ton
Analysis review
On December 20th, the domestic market price of isobutyraldehyde slightly increased, with a price increase of 33.33 RMB/ton compared to December 19th, an increase of 1.67%, and a year-on-year increase of 22.73%.
The price of raw material propylene had stabilized at a low level, with average cost support. The downstream market for neopentyl glycol was consolidating at a low level, and downstream customers had weak 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 8,200 RMB/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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