On November 16th, the domestic price of isobutyraldehyde increased by 1.77%

Product name: isobutyraldehyde

 

Latest price (November 16th): 7683.33 yuan/ton

 

On November 16th, the domestic market price of isobutyraldehyde slightly increased, increasing by 133.33 yuan/ton or 1.77% compared to November 15th, with a year-on-year increase of 18.21%. The price of raw material propylene has slightly decreased, with average cost support. The downstream market for neopentyl glycol has slightly declined, and downstream customers’ enthusiasm for purchasing isobutyraldehyde has weakened. Some manufacturers have stopped for maintenance, resulting in a decrease in the circulation of goods in the market, and some dealers have raised their prices.

 

In the future, it is expected that the domestic market price of isobutyraldehyde may fluctuate and rise, with consolidation being the main focus. The average market price is around 7700 yuan/ton.

http://www.lubonchem.com/