Isobutyraldehyde Prices Fell in June Due to Declining Costs and Weak Demand

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Isobutyraldehyde prices fluctuated downward in June

According to the commodity market analysis system of SunSirs, the domestic quoted price to isobutyraldehyde stood at 6,533.33 RMB/ton as of June 8, marking a decline from the 7,133.33 RMB/ton recorded on June 1—a drop of 5.39%. Prices to the downstream product neopentyl glycol fell, and demand to isobutyraldehyde remained weak; meanwhile, the price of the raw material propylene fluctuated downward. With declining costs and insufficient demand support, isobutyraldehyde prices trended downward throughout June.

The price of the raw material propylene was fluctuating downward

According to the commodity market analysis system of SunSirs, the quoted price to propylene on June 8 was 8,824.33 RMB/ton, down 2.36% from the 9,037.67 RMB/ton recorded on June 1. The propylene market is currently in a phase of bottoming out; while strong macroeconomic signals provide a security cushion, prices remain range-bound due to a lack of upward momentum. As propylene prices fluctuate downward, cost support to isobutyraldehyde has weakened, intensifying the downward pressure on isobutyraldehyde prices.

Weak demand to isobutyraldehyde

Neopentyl glycol prices continued to fall sharply in June. On June 8, Yantai Wanhua quoted the product at 7,850–8,000 RMB/ton, down from the 8,050–8,200 RMB/ton quoted on June 1; Luxi Chemical quoted it at 6,800 RMB/ton, down from 7,000 RMB/ton on June 1. As neopentyl glycol prices continued to decline, the downstream polyester resin market remained sluggish with stagnant purchasing; consequently, demand to isobutyraldehyde weakened and buyers pushed to reduce prices, intensifying the downward pressure on isobutyraldehyde.

Market Overview and Forecast

Analysts at SunSirs observe that propylene prices fluctuated downward in June, leading to a decline in isobutyraldehyde production costs. On the demand side, the price of neopentyl glycol fell, and demand to isobutyraldehyde remained sluggish. Overall, following a significant surge in the first half of the year, isobutyraldehyde faces mounting downward pressure due to the combination of falling costs and weak demand. Prices are expected to direction downward with some fluctuation.

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