According to the market analysis system of Shengyishe, after falling to its lowest point at the end of March, n-butanal experienced a slight rebound in early April. As of April 2, the reference price of Shengyishe’s n-butanal was 8040 yuan/ton, an increase of 37 yuan/ton from 8003 yuan/ton on March 29.
In terms of raw material propylene, propylene has stopped falling and the market has rebounded. The market performance is still good, and the atmosphere on the market is warm. The factory’s firm offer provides support for the price of n-butanal.
In terms of downstream n-butanol, although the n-butanol market experienced a recovery in late March, the recovery momentum was not significant compared to the continuous deep decline in early March. The current trading atmosphere in the n-butanol market is still good, and downstream continued to purchase on demand and buy on dips.
According to data analysts from Business Society, the favorable raw material side supports the cessation of decline in the butyraldehyde market, while downstream markets gradually recover. In the short term, the domestic butyraldehyde market will mainly adjust and operate within a certain range.
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