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Isobutyraldehyde Market Prices in the Shandong Region Stabilized on June 24
Market analysis
Upstream propylene prices have fluctuated downward, yet cost support from isobutyraldehyde remains; Yantai Wanhua's neopentyl glycol is quoted at 7,950–8,100 RMB/ton (stable), while Luxi Chemical's quote stands at 6,800 RMB/ton (stable).
Downstream neopentyl glycol prices are stabilizing, and downstream purchasing interest has increased. Meanwhile, isobutyraldehyde operating rates have dropped, leading to reduced supply; while costs have declined and downstream demand has weakened, there is growing support to an upward direction in isobutyraldehyde prices, even as downward pressure persists.
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