1、 Price trend
| PVA 2699 |
It can be seen from the above figure that the market price of isobutyraldehyde in China increased slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week increased from 6666.67 yuan / ton at the end of last week to 7000.00 yuan / ton at the end of this week, an increase of 5.00%. On August 14, the isobutyraldehyde commodity index was 35.19, which was the same as yesterday, down 66.67% from the highest point of 105.58 in the cycle (September 16, 2021), and up 3.99% from the lowest point of 33.84 on August 7, 2022. (Note: period refers to September 1, 2021 to now)
2、 Market analysis
This week, the quotations of mainstream manufacturers of isobutyraldehyde increased slightly.
| POLYVINYL ALCOHOL |
From the perspective of the upstream and downstream industrial chain, in the upstream raw material market of isobutyraldehyde, the market price of propylene increased slightly this week. The price increased from 7180.60 yuan / ton at the end of last week to 7270.60 yuan / ton at the end of this week, an increase of 1.25%. The market price of upstream raw materials increased slightly, and the cost was well supported. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the perspective of the downstream industrial chain, the market price of neopentyl glycol dropped slightly, from 10433.33 yuan / ton at the end of last week to 9766.67 yuan / ton at the end of this week, a decrease of 6.39%. The market price of neopentyl glycol dropped 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 August may decline slightly. The upstream propylene market rose slightly and the cost support was general. The downstream neopentyl glycol market declined slightly, and the downstream purchasing enthusiasm weakened. The isobutyraldehyde analysts of business club believe that the isobutyraldehyde market may fall slightly due to the impact of supply and demand and raw materials in the short-term isobutyraldehyde market.
| http://www.polyvinylalcohols.com |