Recent domestic isobutyraldehyde price trend
As can be seen from the above figure, the domestic isobutyraldehyde market price fell sharply this month. The quotation fell from 16533.33 yuan / ton on November 1 to 8400.00 yuan / ton on November 30, down 8133.33 yuan / ton, or 49.19%. Overall, isobutyraldehyde market fell sharply this month.
From the manufacturer’s quotation, the price of mainstream domestic isobutyraldehyde manufacturers fell this month, the manufacturer’s inventory was general, and the downstream demand was poor. The quotation of lihuayi isobutyraldehyde at the end of the month was 8400 yuan / ton, which decreased by 8100 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 8400 yuan / ton at the end of the month, down 8100 yuan / ton compared with the beginning of the month; Liaocheng yuanze isobutyraldehyde offered 8400 yuan / ton at the end of the month, down 8100 yuan / ton compared with the beginning of the month.
Insufficient upstream support and weakening downstream demand
From the perspective of upstream and downstream industrial chains, the upstream propylene market suffered twists and turns this month, and fell slightly on the whole. The quotation fell from 8175.50 yuan / ton on November 1 to 7620.50 yuan / ton on November 30, a decrease of 6.79%, a year-on-year decrease of 1.53% compared with the same period last year. The cost support was insufficient, which had a negative impact on isobutyraldehyde. The market price of downstream neopentyl glycol decreased slightly, and the quotation decreased from about 20000 yuan / ton at the beginning of the month to 17000 yuan / ton at the end of the month, down 3000 yuan / ton. The downstream market fell slightly, and the downstream purchasing enthusiasm for isobutyraldehyde weakened. On the whole, the upstream and downstream products had a negative impact on the price of isobutyraldehyde this month.
The market outlook fell slightly
The domestic isobutyraldehyde market may fluctuate slightly in the middle and early December. Recently, the price of upstream propylene has decreased slightly, the cost support has weakened, the downstream neopentyl glycol market has decreased slightly, the downstream enthusiasm for isobutyraldehyde procurement has weakened, and the product trend has declined under the contradiction between supply and demand. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short term, the domestic isobutyraldehyde market may fluctuate and decline slightly.