1、 Price trend

As can be seen from the figure above, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 6266.67 yuan/ton at the weekend to 6766.67 yuan/ton at the weekend, up 7.98%. On October 23, the isobutyraldehyde commodity index was 34.86, up 0.51 points from yesterday, down 66.98% from the cycle’s highest point of 105.58 (2021-09-16), and up 15.74% from the lowest point of 30.12 on October 7, 2022. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers rose slightly this week.

From the perspective of upstream and downstream industrial chains, the propylene market in the upstream raw material market of isobutyraldehyde fell slightly this week, with the price dropping from 7620.60 yuan/ton at the end of last week to 7426.60 yuan/ton at the end of this week, a 2.55% drop. The upstream raw material market price fell slightly, and the cost support was insufficient. Affected by the supply and demand side, the price of isobutyraldehyde was negatively affected. From the perspective of the downstream industry chain, the market price of neopentyl glycol was adjusted at a low level, with a price of 10100.00 yuan/ton. The market of neopentyl glycol was consolidated at a low level, and the downstream demand was general, which had a negative impact on isobutyraldehyde.

3、 Future market forecast

The market trend of isobutyraldehyde in late October may fall slightly. The upstream propylene market declined slightly, and the cost support was insufficient. The downstream neopentyl glycol market has a downward trend, and the downstream purchasing enthusiasm has weakened. The isobutyraldehyde analysts from the business community believe that the short-term isobutyraldehyde market may be subject to slight shock and decline under the influence of supply and demand, raw materials and other aspects.