1、 Price trend
| Melamine |
It can be seen from the above figure that the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 8266.67 yuan/ton at the end of last week to 8566.67 yuan/ton at the end of this week, up 3.63%. Compared with the same period last year, it fell 51.51% year on year. The isobutyraldehyde commodity index on February 12 was 43.49, which was the same as yesterday, down 58.81% from the cycle’s highest point of 105.58 (2021-09-16), and up 44.39% from the lowest point of 30.12 on October 7, 2022. (Note: the period refers to the period from September 1, 2021 to now)
2、 Market analysis
The prices of mainstream isobutyraldehyde manufacturers rose this week.
| EDTA |
From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde fell slightly this week, with the price falling from 7623.25 yuan/ton at the beginning of the week to 7558.25 yuan/ton at the end of the week, down 0.85%. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isobutyraldehyde. From the perspective of the downstream industry chain, the market price of neopentyl glycol rose from 10233.33 yuan/ton at the end of last week to 10866.67 yuan/ton at the end of this week, up 6.19%. The market price of neopentyl glycol rose slightly and the downstream demand increased, which had a positive impact on isobutyraldehyde.
3、 Future prospects
The market trend of isobutyraldehyde in the middle and late February may be volatile. The upstream propylene market fell slightly and cost support weakened. The market price of neopentyl glycol in the downstream rose slightly, and the enthusiasm of downstream procurement increased. The isobutyraldehyde analyst of the Business Club believes that the short-term isobutyraldehyde market may be mainly subject to a small fluctuation under the influence of supply and demand, raw materials and other aspects of the isobutyraldehyde market.
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