This week, domestic neopentyl glycol fell by 0.33% (8.27-9.2)

1、 Price trend

 

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It can be seen from the above figure that the domestic market price of neopentyl glycol fell slightly this week. This week, the average price of neopentyl glycol in the mainstream domestic market fell from 10000.00 yuan / ton at the end of last week to 9966.67 yuan / ton at the end of this week, a decrease of 0.33%. On September 4, the neopentyl glycol commodity index was 48.03, which was the same as yesterday, down 53.64% from the highest point 103.61 in the cycle (September 22, 2021), and up 3.09% from the lowest point 46.59 on August 20, 2022. (Note: period refers to September 1, 2021 to now)

 

2、 Market analysis

 

This week, the price of the mainstream manufacturers of neopentyl glycol fell: the weekend sales price of Jinan aochen Wanhua neopentyl glycol was 9900 yuan / ton, which decreased by 1000 yuan / ton compared with last weekend; The weekend sales price of Zibo deshengfeng neopentyl glycol is 10200 yuan / ton, which is temporarily stable compared with last weekend. The weekend sales price of kemico Shandong neopentyl glycol is 9800 yuan / ton, which is temporarily stable compared with last weekend.

 

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From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 7166.67 yuan / ton at the end of last week to 7733.33 yuan / ton at the end of this week, an increase of 7.91%. The market price of upstream raw materials rose slightly, and the cost was well supported. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.

 

3、 Future forecast

 

In the first ten days of September, the market trend of neopentyl glycol mainly rose slightly. The market price of isobutyraldehyde in the upstream rose slightly, and the cost support was good. The market price of coatings in the downstream was general, and the enthusiasm of downstream procurement was weakened. Analysts of neopentyl glycol of business club believe that under the influence of supply and demand and raw materials, the market price of neopentyl glycol in the short term may rise slightly.

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