The price of new pentanediol fluctuated and fell this week
According to the Commodity Market Analysis System of Business Society, as of April 8th, the price of new pentanediol was 9966.67 yuan/ton, a decrease of 2.92% compared to the price of 10266.67 yuan/ton on April 1st.
This week, the price of neopentyl glycol has fallen, some factories have offered discounts for sales, and the operating load of neopentyl glycol manufacturers has decreased. Downstream demand for neopentyl glycol has weakened, resulting in poor transactions in the neopentyl glycol market and significant downward pressure on neopentyl glycol.
The price of raw material isobutyraldehyde fluctuates and falls
According to the Commodity Market Analysis System of Business Society, as of April 8th, the domestic isobutyraldehyde quotation was 7287.50 yuan/ton, a decrease of 3.69% compared to April 1st isobutyraldehyde price of 7566.67 yuan/ton. The price of propylene, the raw material of isobutyraldehyde, has fluctuated and fallen, downstream production of new pentanediol has decreased, and the cost of isobutyraldehyde has decreased. The demand for isobutyraldehyde is weak, and the pressure on the price of isobutyraldehyde to fall has increased. This week, the price of isobutyraldehyde has fluctuated and fallen.
Market Overview and Forecast
An analyst at Shengyishe believes that in terms of raw materials, the price of isobutyraldehyde has fluctuated and fallen, but there is a trend for isobutyraldehyde to stabilize in the future. The downward pressure on raw materials is limited; In terms of demand, there has been an increase in low-priced quotations for neopentyl glycol, and although the manufacturer’s quotation is temporarily stable, the actual transaction is poor. In addition, the manufacturer’s inventory pressure is high, resulting in a decrease in the production of neopentyl glycol manufacturers and a significant downward pressure on neopentyl glycol. In the future, in terms of cost, the support for the rise of new pentanediol is limited, while demand remains weak and downward pressure is significant. However, new pentanediol manufacturers are experiencing a decrease in production, and the supply of new pentanediol is decreasing. Overall, the expected price of new pentanediol in the future is expected to fluctuate slightly and fall.
| http://www.thiourea.net |