1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
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 12333.33 yuan / ton at the beginning of the week to 11100.00 yuan / ton at the end of the week, a decrease of 10.81%. Overall, isobutyraldehyde market 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 11100 yuan / ton, which decreased by 2000 yuan / ton compared with last weekend; Liaocheng yuanze isobutyraldehyde offered 11000 yuan / ton this weekend, down 1000 yuan / ton compared with last weekend; Shandong Zhenkun isobutyraldehyde offered 11000 yuan / ton this weekend, down 1000 yuan / ton compared with last weekend.
| Melamine |
From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde fell slightly this week. The quotation fell from 7897.33 yuan / ton at the beginning of the week to 7600.83 yuan / ton at the end of the week, down 3.75%, up 9.36% year-on-year compared with the same period last year. The market price of upstream raw materials fell slightly, which had a negative impact on the price of isobutyraldehyde due to the impact of supply and demand. From the downstream industrial chain, the ex factory quotation of Wanhua neopentyl glycol this weekend is 18000 yuan / ton, which is 500 yuan / ton lower than that at the beginning of the week. The neopentyl glycol market fell slightly and the spot market was tight, which had a negative impact on isobutyraldehyde.
3、 Future forecast
The overall trend of isobutyraldehyde market in late November may decline slightly. The upstream propylene market fell slightly, the cost support weakened, the downstream neopentyl glycol market fell slightly, and the downstream procurement enthusiasm weakened. Isobutyraldehyde analysts of business society believe that the isobutyraldehyde market may decline slightly in the short term under the influence of supply and demand and raw materials.
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