1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol fell slightly this week. The average price of domestic mainstream market price of neopentyl glycol fell from 17433.33 yuan / ton last weekend to 16833.33 yuan / ton this weekend, down 3.44%. On May 20, the commodity index of neopentyl glycol was 81.12, down 2.09 points from yesterday, down 21.71% from the highest point of 103.61 points in the cycle (2021-09-22), and up 26.24% from the lowest point of 64.26 points on January 3, 2022. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol fell slightly this week: the distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17300 yuan / ton, which fell by 500 yuan / ton compared with last weekend; Zibo de synthetic Feng neopentyl glycol sold at 17200 yuan / ton over the weekend, up 200 yuan / ton compared with last weekend. Wuhan Kaisi Wanhua neopentyl glycol was sold at 16000 yuan / ton at the weekend. Compared with last weekend, the quotation was temporarily stable.

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 15366.67 yuan / ton last weekend to 16300.00 yuan / ton this weekend, an increase of 6.07%. The market price of upstream raw materials rose slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.

3、 Future forecast

In late May, the market trend of neopentyl glycol may fluctuate slightly, mainly rising. The upstream isobutyraldehyde market rose slightly, the cost support was strengthened, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol in business society believe that the short-term neopentyl glycol market may rise slightly due to the influence of supply and demand and raw materials.

1、 Price trend

Latest price (May 19): 8637.5 yuan / ton

Key points of analysis: on May 19, the average domestic spot price of pvc5 was 8637.5 yuan / ton, down 0.99% from the previous trading day and 6.62% year-on-year. At present, the futures price is falling, the offer in the spot market is falling, the market trading is relatively flat, the downstream demand continues to maintain rigid demand, and the wait-and-see attitude is obvious. In addition, the export has weakened, which has suppressed the rich domestic atmosphere, and the focus of the PVC market has shifted downward. Up to now, the price of raw calcium carbide is about 4400-4500 yuan / ton, and the price of PVC is 8300-8950 yuan / ton.

The PVC market is expected to weaken.

Latest price (May 18): 6872 yuan / ton

Key points of analysis: on May 18, the average price of domestic LNG market was 6872 yuan / ton, down 0.52% from the previous day and up 85.73% year-on-year. At present, the market supply is abundant, the demand in the off-season is weakened, the receiving capacity of downstream users is general, and the price of inlet air is reduced, which drives the domestic liquid price to weaken steadily. The market wait-and-see mood is rising, and the actual transaction is mainly negotiation.

It is expected that the domestic LNG market will be stable and down in the short term.

Trade name: acetic acid

Latest price (May 17): 5070 yuan / ton

Key points of analysis: today’s acetic acid market price trend is stable, and the average market price in East China is the same as that of the previous working day. At present, the unit maintenance and low load operation of individual enterprises in the acetic acid market, the market supply is tight, and there is no pressure on the enterprise inventory. The downstream purchase in the market this week is rational, and the purchase is mainly on demand. The operators hold a wait-and-see attitude, and most manufacturers’ quotations operate stably temporarily.

Future forecast: the short-term acetic acid market is mainly stable and consolidated temporarily, with specific attention to the market supply.

Trade name: isooctanol

Latest price (May 16): 12566.67 yuan / ton

On May 16, the ex factory price of isooctanol in Shandong fell slightly, down 133.33 yuan / ton or 1.05% compared with the price on May 13, and 24.75% year-on-year compared with the same period last year. The price of propylene in the upstream is low, the cost support is general, the downstream DOP market has a downward trend, and the downstream demand is weakened.

Recently, the ex factory price of isooctanol in Shandong may fluctuate slightly: the manufacturer’s quotation is about 12500 yuan / ton.