On February 5, the isobutyraldehyde market in Shandong region experienced an increase.

Isobutyraldehyde Market Price Details in Shandong Region on February 5th

According to the commodity analysis system of SCC (Shengyishe), the domestic average market price of isobutyraldehyde on February 5th was 6333.33 RMB/ton, representing a 0.80% increase compared to the previous trading day.

Market Analysis:

• Upstream: The propylene market showed weak consolidation, leading to a steady and slightly weak cost support for isobutyraldehyde.
• Downstream: Yantai Wanhua's neopentyl glycol (NPG) quotation was 7650-7800 RMB/ton, an increase of 100 RMB/ton. The rising price of downstream NPG has boosted procurement enthusiasm.
• Supply: The operating rate for isobutyraldehyde remains high, ensuring ample supply.
• Overall Outlook: Support for an isobutyraldehyde price increase persists, while downward pressure has weakened.