1、 Price trend
| Gamma Polyglutamic Acid |
It can be seen from the above figure that the market price of isobutyraldehyde in China fell slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week decreased from 7266.67 yuan / ton at the end of last week to 6766.67 yuan / ton at the end of this week, a decrease of 6.88%. On August 7, the isobutyraldehyde commodity index was 33.84, which was the same as yesterday, hitting a new low in the cycle, down 67.95% from the highest point of 105.58 on September 16, 2021. (Note: period refers to September 1, 2021 to now)
2、 Market analysis
This week, the quotations of mainstream manufacturers of isobutyraldehyde fell slightly.
From the perspective of the upstream and downstream industrial chain, in the upstream raw material market of isobutyraldehyde, the market price of propylene dropped slightly this week, from 7318.60 yuan / ton at the end of last week to 7180.60 yuan / ton at the end of this week, a decrease of 1.89%. The market price of upstream raw materials fell slightly, and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of isobutyraldehyde. From the perspective of the downstream industrial chain, the market price of neopentyl glycol dropped slightly, from 11066.67 yuan / ton at the end of last week to 10433.33 yuan / ton at the end of this week, a decrease of 5.72%. The market price of neopentyl glycol dropped slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.
3、 Future forecast
The market trend of isobutyraldehyde in the middle and first ten days of August may decline slightly. The upstream propylene market fell slightly and the cost support was insufficient. The downstream neopentyl glycol market declined slightly, and the downstream purchasing enthusiasm weakened. The isobutyraldehyde analysts of business club believe that the isobutyraldehyde market may fall slightly due to the impact of supply and demand and raw materials in the short term.
| http://www.gammapolyglutamicacid.com |