SunSirs: Costs Weakened and Prices of N-butyraldehyde Fell
March 13 2024 09:32:30 SunSirs (John)
Price trend
According to the Commodity Analysis System of SunSirs, the price of n-butanal on March 11th was 8,255 RMB/ton, a decrease of 3.23% from the previous trading day, with a price reduction range of 300-400 RMB/ton.
Analysis review
Upstream propylene prices had declined, with poor sales and accumulated inventory, leading to a continuous shift in transaction focus. The upstream hydrogen operating load was average, and the price had slightly decreased. In terms of downstream demand, procurement was not proactive and cautious, with a strong wait-and-see atmosphere.
Market outlook
It is expected that the market for N-butyraldehyde will mainly be weak in the short term.
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- 2024-05-09 SunSirs: Both Supply and Demand Were Weak, and N-butyraldehyde Continued to Be Weak in Early May
- 2024-04-17 SunSirs: In mid April, the Market Situation for N-butanal Continued to Be Weak and Downward
- 2024-04-09 SunSirs: Weak Supply and Demand, Butyraldehyde Was Weak to Rebound in Early April
- 2024-04-07 SunSirs: The N-butyraldehyde Market Stopped Falling and Experienced a Slight Rebound
- 2024-03-28 SunSirs: Can Butyraldehyde Stop Its Decline after Continuous Decline
