1、 Price trend

According to the Commodity Analysis System of Business Society, the average price of isobutyraldehyde in the mainstream domestic market increased from 8900 yuan/ton at the beginning of the week to 9000 yuan/ton over the weekend, an increase of 1.12%, and the weekend price increased by 23.85% year-on-year.

2、 Market analysis

From the supply side perspective, mainstream manufacturers of isobutyraldehyde have seen fluctuations in their quotations and low inventory this week.

The propylene market has slightly increased this week, with prices rising from 6863.25 yuan/ton at the beginning of the week to 7054.60 yuan/ton over the weekend, an increase of 2.79%, and a year-on-year decrease of 5.49% over the weekend. In the early part of the week, due to the shutdown of some upstream devices in the region, supply tightened, prices rose, and downstream buyers entered the market. In the later part of the week, prices rose to a high level, and the atmosphere of downstream entry into the market weakened. In addition, some units released propylene, which eased the tight supply situation and led to a slight decline in propylene prices.

From the perspective of downstream demand, the market situation of new pentanediol has slightly increased, with the market price rising from 10600 yuan/ton at the beginning of the week to 10666.67 yuan/ton at the weekend, an increase of 0.63%, and the weekend price falling by 1.84% year-on-year. The market situation of neopentyl glycol has slightly increased, with enterprises operating at a high level and downstream demand being good, which has a positive impact on isobutyraldehyde.

3、 Future prospects

In mid to late March, the trend of isobutyraldehyde market may fluctuate and rise. The upstream propylene market has slightly increased, with good cost support, while the downstream new pentanediol market has slightly increased. Enterprises have started operating at a high level, and downstream procurement enthusiasm is good. Business Society’s isobutyraldehyde analyst believes that in the short term, the isobutyraldehyde market may experience slight fluctuations and gains due to various factors such as supply and demand and raw materials.