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 6216.67 yuan/ton at the weekend to 6600.00 yuan/ton at the weekend, up 6.18%. A year-on-year decrease of 21.43%. On December 18, the isobutyraldehyde commodity index was 33.50, unchanged from yesterday, down 68.27% from the cycle’s highest point of 105.58 (2021-09-16), and up 11.22% 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 this week.

From the upstream and downstream industrial chain, the propylene market of isobutyraldehyde upstream raw material market rose slightly this week, with the price rising from 7436.60 yuan/ton at the weekend to 7608.60 yuan/ton at the weekend, up 2.34%. The upstream raw material market price rose slightly, and the cost support increased. Affected by the supply and demand, it had a positive impact on the isobutyraldehyde price. From the perspective of the downstream industry chain, the market price of neopentyl glycol rose slightly, with the price rising from 8966.67 yuan/ton at the weekend to 9166.67 yuan/ton at the weekend, up 2.23%. Neopentyl glycol market rose slightly, with better downstream demand, which had a positive impact on isobutyraldehyde.

3、 Future outlook

The market trend of isobutyraldehyde in late December may rise slightly. The upstream propylene market rose slightly and cost support increased. The downstream neopentyl glycol market stopped falling and rose, and the downstream purchasing enthusiasm increased. The isobutyraldehyde analysts from the business community believe that the isobutyraldehyde market may rise slightly due to the impact of supply and demand, raw materials and other aspects in the short-term isobutyraldehyde market.