1、 Price trend
|Sulfamic acid 99.50%|
As can be seen from the above figure, the domestic isobutyraldehyde market price rose sharply this week. This week, the average price of isobutyraldehyde in the mainstream domestic market increased from 9733.33 yuan / ton last weekend to 14400.00 yuan / ton this weekend, up 4666.67 yuan / ton, or 47.95%. Overall, isobutyraldehyde market rose sharply this week.
2、 Market analysis
The quotation of mainstream isobutyraldehyde manufacturers rose sharply this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 14000 yuan / ton, an increase of 4800 yuan / ton compared with last weekend; Liaocheng yuanze isobutyraldehyde offered 13800 yuan / ton this weekend, an increase of 3800 yuan / ton compared with last weekend; Shandong Zhenkun isobutyraldehyde offered 15400 yuan / ton this weekend, up 5400 yuan / ton compared with last weekend.
From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde increased slightly this week. The quotation increased from 7548.60 yuan / ton last weekend to 7850.80 yuan / ton this weekend, an increase of 4.00%, an increase of 7.21% over the same period last year. The market price of upstream raw materials increased slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the downstream industrial chain, the market price of neopentyl glycol rose sharply, and the quotation increased from 13333.33 yuan / ton last weekend to 16020.00 yuan / ton this weekend, an increase of 20.15%. The market of neopentyl glycol rose sharply and the spot market was tight, which had a positive impact on isobutyraldehyde.
3、 Future forecast
The market trend of isobutyraldehyde in the middle and late January may rise slightly. The upstream propylene market rose slightly, the cost support was strengthened, the downstream neopentyl glycol market rose sharply, and the downstream procurement enthusiasm was good. Isobutyraldehyde analysts of business society believe that the isobutyraldehyde market may rise slightly under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market.