SunSirs: On December 27th, the Domestic Price of Isobutyraldehyde Increased by 1.24%
December 28 2023 15:39:58 SunSirs (John)
Product name: isobutyraldehyde
Latest price (December 27th): 8,166.67 RMB/ton
Analysis review
On December 27th, the domestic market price of isobutyraldehyde slightly increased, with a price increase of 100 RMB/ton compared to December 26th, an increase of 1.24%, and a year-on-year increase of 26.94%.
The price of raw material propylene had slightly increased, with good cost support. The downstream market for neopentyl glycol had slightly increased, and downstream customers had increased their enthusiasm for purchasing isobutyraldehyde. Under multiple positive news, 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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