1、 Price trend
| PVA 1788 (PVA BP17) |
As can be seen from the above figure, the domestic isobutyraldehyde market price fell sharply this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 15266.67 yuan / ton last weekend to 11233.33 yuan / ton this weekend, down 26.42%. Overall, isobutyraldehyde prices fell sharply this week.
2、 Market analysis
The quotation of mainstream isobutyraldehyde manufacturers fell sharply this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 11500 yuan / ton, which fell by 3700 yuan / ton compared with last weekend; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 11200 yuan / ton, which is 4300 yuan / ton lower than that last weekend; Shandong Zhenkun isobutyraldehyde offered 11000 yuan / ton this weekend, down 4100 yuan / ton compared with last weekend.
| POLYVINYL ALCOHOL |
From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde fell sharply this week. The quotation fell from 9062.17 yuan / ton last weekend to 8267.17 yuan / ton this weekend, down 8.77%. The market price of upstream raw materials fell sharply, and the cost support was not affected by the supply and demand side, which had a negative impact on the price of isobutyraldehyde. From the downstream industrial chain, the market price of neopentyl glycol fell slightly, and the quotation fell from 18166.67 yuan / ton at the beginning of the week to 17900.00 yuan / ton at the end of the week, down 1.47%. The neopentyl glycol market fell 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 late March may decline slightly. The upstream propylene market fell sharply and the cost support was insufficient. The downstream neopentyl glycol market fell slightly, and the downstream purchasing enthusiasm weakened. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may fluctuate and decline slightly.
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