On May 4th, the domestic price of isobutyraldehyde increased by 8.91%

Product name: isobutyraldehyde

 

Latest price (May 4th): 8150.00 yuan/ton

 

On May 4, the price of domestic isobutyraldehyde market rose sharply, 666.67 yuan/ton, 8.91% higher than that on May 3, and 42.47% lower than that on the same period last year. Some manufacturers have stopped for maintenance, resulting in a tightening supply of isobutyraldehyde and tight spot circulation. Large factories have raised their prices. The price of raw material propylene has stabilized at a low level, with average cost support. The downstream market for neopentyl glycol has stabilized at a low level, and downstream customers have a moderate enthusiasm for purchasing isobutyraldehyde.

 

It is expected that the domestic isobutyraldehyde market price will rise slightly in the future, mainly finishing. The average market price is around 8500 yuan/ton.

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