According to the commodity market analysis system of Business Society, the price of n-butanal slightly increased in mid May. As of May 14th, the price of n-butanal was 7986 yuan/ton, an increase of 0.93% compared to the beginning of the month at 7912 yuan/ton.
Upstream: Propylene upstream of butyraldehyde rose by 1.19% this month, from 6880 yuan/ton at the beginning of the month to 6896 yuan/ton. The purchasing enthusiasm of downstream polypropylene, the main force of propylene, is good. At the same time, international oil prices have risen. Supported by news and demand, the price of propylene has slightly increased, providing support for n-butanal.
In terms of demand, downstream n-butanol of n-butanal increased by 2.5% within the month, rising from 7833 yuan/ton at the beginning of the month to 8029 yuan/ton. During the holiday period, the supply and demand of n-butanol were weak, and the overall market was operating quietly. After the holiday, some downstream small areas needed replenishment, and the focus of the n-butanol market slightly increased.
Future analysis: The two strong forces of supply and demand are driving the rise of n-butyraldehyde. In the short term, the domestic n-butyraldehyde market will mainly fluctuate, and the specific trend still needs to pay more attention to changes in news on the supply and demand side.
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