January 13th News
On January 13th, Luxi Chemical Group Co., Ltd. announced an isobutyraldehyde capacity of 50,000 tons, with an ex-factory price of 5,600 yuan per ton, representing a decrease of 50 yuan per ton. Chempricehub analyzed isobutyraldehyde, giving it a long-short score of -1. The ex-factory price of isobutyraldehyde fell by 50 yuan per ton to 5,600 yuan per ton, reflecting oversupply or weak demand in the market, which generally exerts bearish pressure on spot prices. This decline may stem from capacity expansion or reduced downstream procurement, potentially dampening sentiment in the spot market in the short term. Close attention should be paid to subsequent changes in supply and demand dynamics.