The price of isobutyraldehyde fluctuated and rose. According to the commodity market analysis system of Business Society, as of January 28, the domestic quotation for isobutyraldehyde was 6,016.67 yuan per ton, showing a fluctuating increase compared to the price of 5,766.67 yuan per ton on January 1, with a rise of 4.64%. The price of propylene fluctuated and increased, coupled with low operating rates and low inventory levels among isobutyraldehyde manufacturers, leading to a tightening supply of isobutyraldehyde and a significant price increase.

The price of raw material propylene fluctuated and rose. According to the commodity market analysis system of Business Society, as of January 28, the quotation for propylene was 6,411 yuan per ton, showing a fluctuating increase compared to the quotation of 5,717 yuan per ton on January 1, with a rise of 12.13%. There were many maintenance shutdowns of propylene units, resulting in a phased tight supply of propylene, which led to a fluctuating increase in propylene prices. Cost support contributed significantly to the rise in isobutyraldehyde costs.

Isobutyraldehyde manufacturers increased production, leading to a rise in supply. In January, the 30,000-ton per year isobutyraldehyde unit at Yankuang Lunan Chemical continued to operate at a low level. The isobutyraldehyde product unit at Anqing Shuguang, with a designed capacity of 25,000 tons per year, operated normally, with some production shifting to other products. Shandong Lihuayi's 25,000-ton per year isobutyraldehyde unit shifted production. Jiangsu Huachang's old 30,000-ton isobutyraldehyde unit operated normally, while the new unit was put into operation and ran smoothly. Dongming Oriental Chemical's 15,000-ton per year octanol unit resumed operation. Overall, the operating rate of isobutyraldehyde manufacturers increased slightly, reaching around 87%.

Market Overview and Forecast: Business Society's isobutyraldehyde industry analyst believes that in terms of costs, the significant increase in the price of raw material propylene has strengthened the cost support for isobutyraldehyde. In terms of supply and demand, the increase in isobutyraldehyde production has led to a rise in supply, reducing the upward momentum for isobutyraldehyde. Looking ahead, the substantial increase in costs will continue to support the rise in isobutyraldehyde prices, while the increase in supply will exert downward pressure. Overall, the upward support for isobutyraldehyde remains, and it is expected that the price of isobutyraldehyde will fluctuate and rise in the future.