According to monitoring data from Business Society, as of April 23, the domestic price of n-butanal was 7903 yuan/ton, a decrease of 1.51% compared to 8025 yuan/ton on April 1.

Upstream aspect:

The raw material propylene experienced a wave of rise in the first half of April and then cooled down. Due to the impact of the supply chain, inventory remained low, and downstream polypropylene demand was strong, leading to further price increases. With the increase in quotation, downstream product cost pressure increased, procurement sentiment weakened, and prices subsequently declined.

In terms of raw material hydrogen: In April, the domestic hydrogen market had sufficient supply of goods. Except for the northern Jiangsu region, which was driven by the photovoltaic action and had strong demand support and strong prices, other regions basically bottomed out and operated.

Downstream aspect:

In April, the n-butanol market showed an overall volatile and declining trend, with weak demand. Purchasing was based on essential needs, and market inquiries were relatively cautious.

Business Society’s butyraldehyde data analyst believes that supply and demand are weak, and the price of butyraldehyde is falling again and again. In the future, the market will tend to consolidate weakly, and the specific trend needs to pay attention to supply and demand information.