Recent domestic isobutyraldehyde price trend

As can be seen from the figure above, the market price of isobutyraldehyde rose first and then fell in September. The market price of isobutyraldehyde rose from 7300.00 yuan/ton on September 1 to 8133.33 yuan/ton on September 7, an increase of 1.42%. Later, it fell to 5933.33 yuan/ton on September 30, down 27.05%. A year-on-year drop of 61.72%.

On September 30, the isobutyraldehyde commodity index was 30.12, down 1.18 points from yesterday, hitting a new record low in the cycle, and down 71.47% from the peak of 105.58 on September 16, 2021. (Note: the cycle refers to 2021-09-01 to now). From the weekly histogram of isobutyraldehyde, the overall isobutyraldehyde rose first and then fell in September, with a maximum weekly decline of 7.41%.

From the manufacturer’s quotation, the price of domestic mainstream isobutyraldehyde manufacturers rose first and then fell in August, and the manufacturer’s inventory was average.

The upstream support is good, and the downstream demand is general

From the perspective of the upstream and downstream industrial chain of isobutyraldehyde, the upstream propylene market of isobutyraldehyde rose slightly in September. The price of propylene rose from 7100.60 yuan/ton at the beginning of the month to 7620.60 yuan/ton at the end of the month, an increase of 7.32%. A year-on-year decrease of 5.83%. The increase of upstream cost support has a positive impact on the price of isobutyraldehyde.

Downstream neopentyl glycol rose in September due to market volatility. The price of neopentyl glycol rose from 9966.67 yuan/ton at the beginning of the month to 10066.67 yuan/ton at the end of the month, up 1.00%. Downstream market rose slightly, and there was a downward trend at the end of the month. Downstream manufacturers were generally enthusiastic about purchasing isobutyraldehyde.

The market fell slightly after shocks

In the first ten days of October, the domestic isobutyraldehyde market may slightly fluctuate and decline. Although the upstream propylene price rose slightly, the cost support improved. However, there is a downward trend in the market of neopentyl glycol in the downstream. Downstream factories are less active in purchasing isobutyraldehyde, and the product trend is downward under the contradiction between supply and demand. The isobutyraldehyde analysts from the business community believe that the domestic isobutyraldehyde market may suffer a slight shock and decline in the short term under the influence of supply and demand, raw materials and other aspects.

1、 Price trend

2、 Market analysis

According to the data of the business agency, the domestic potassium sulfate market fell in September, and the spot prices of various brands were lowered. As of September 29, the average price of 50 domestic potassium sulfate granules was 4300 yuan/ton, up or down by -10.42% compared with the average price at the beginning of the month.

This month, the domestic potash fertilizer market atmosphere was weak, and the momentum was insufficient. The operating rate of Mannheim type potassium sulfate enterprises remained low. In the second half of the month, some enterprises, such as SDIC Luoke, increased their load by producing autumn compound fertilizer, but the industry load was still adjusted by a narrow margin around 23%. Although the supply of potassium sulfate enterprises is low, there are abundant goods on the market, and it is difficult for the supply side to support the spot goods. The upstream potassium chloride fell continuously. At the end of the month, the pricing information of the big factories was released next month, and the market stabilized. The border trade and port cargo volume remained high in the middle of the month. Imported and domestic goods filled the domestic inventory at the same time, and the shipping and shipment situation was poor. Downstream enterprises, such as potassium carbonate and potassium nitrate, have been slow in purchasing, and businesses have lost money and dumped goods. Potassium chloride does not support processing potassium sulfate enterprises well. Downstream consumption is weak, the flow of compound fertilizer goods in the third quarter is slow, the sales pressure in the north is more prominent, and the market supply is under pressure from many parties. The mentality of businessmen is weak, and the market offer is low.

3、 Future market forecast

According to the potassium sulfate analysts of the business community, the domestic potassium sulfate market fell in September, and the potassium chloride market stabilized after falling. The domestic potassium sulfate cost support is weak, the supply side is sufficient, and the demand side follow-up is poor. It is expected that the domestic potassium sulfate price will operate at a low level due to the continuous poor demand in the short term.

Trade name: urea

Latest price (September 28): 2553 yuan/ton

On September 28, the comprehensive price of domestic urea was temporarily stable, unchanged from that on September 27, and down 9.36% year-on-year. The upstream anthracite price rose slightly, with good cost support. Agricultural demand is small, and industrial demand is gradually expanding. The production of rubber sheet plants is low, and the purchase of rigid demand is the main demand. The production of compound fertilizer plants is increasing, and the demand for urea is slightly increasing. The price of melamine rose slightly, and the enthusiasm for urea procurement was good. In terms of supply, the daily urea production decreased slightly due to the short shutdown of units in some regions.

In the future, the domestic urea market price is expected to rise slightly, with the average market price at about 2570 yuan/ton.

According to the monitoring of the business community, the average price of paraformaldehyde production in Shandong was 5366 yuan/ton on September 27, and 5450 yuan/ton on September 19, down 1.53%.

Affected by the methanol price in some areas, the price of paraformaldehyde has declined, and the market demand for paraformaldehyde is average. The paraformaldehyde analysts of the business community predict that the price may decline.

On September 26, the price of acetic acid in East China was 3140.00 yuan/ton, an increase of 0.88% over the previous working day. At present, the acetic acid plant in the market is operating normally, with load production, and the supply of goods is sufficient. There is no improvement in downstream purchasing, but it is mainly followed up as needed. The overall market transaction is average, and transportation is blocked near the National Day holiday. Considering the downstream demand for goods, the price of the holder is raised, the focus of the on-site negotiations is moved up, the overall supply is weak, and the increase of acetic acid is limited, It is expected that the short-term acetic acid market will be organized and operated in a range, and the price will fluctuate slightly. The specific attention will be paid to the market transaction.