On February 3, the price of isobutyraldehyde in the Shandong region increased.

Isobutyraldehyde Market Price Details in Shandong Region on February 3rd

According to the Business Society Commodity Analysis System: On February 3rd, the domestic average market price for isobutyraldehyde was 6233.33 RMB/ton, representing an increase of 1.41% compared to the previous trading day.

Market Analysis:

• Upstream: The propylene market showed weak consolidation, leading to stabilized costs for isobutyraldehyde.
• Downstream: The neopentyl glycol (NPG) market price was consolidating. Downstream procurement interest remained present.
• Supply: The operating rate for isobutyraldehyde remained high, ensuring sufficient supply.
• Overall Outlook: Support for a price increase in isobutyraldehyde has strengthened, although downward pressure persists.