Domestic neopentyl glycol rose 4.68% (9.3-9.9) this week

1、 Price trend

 

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It can be seen from the above figure that the domestic market price of neopentyl glycol increased slightly this week. This week, the average price of neopentyl glycol in the mainstream domestic market rose from 9966.67 yuan / ton at the end of last week to 10433.33 yuan / ton at the end of this week, an increase of 4.68%. On September 12, the neopentyl glycol commodity index was 50.28, which was the same as yesterday, down 51.47% from the highest point 103.61 in the cycle (September 22, 2021), and up 7.92% from the lowest point 46.59 on August 20, 2022. (Note: Period refers to 2021-09-01 to now) (Note: Period refers to 2021-09-01 to now)

 

2、 Market analysis

 

This week, the price of neopentyl glycol mainstream manufacturers increased: the weekend sales price of Jinan aochen Wanhua neopentyl glycol was 11000 yuan / ton, which increased by 2000 yuan / ton compared with last weekend; The weekend sales price of zibode synthetic Feng neopentyl glycol was 10500 yuan / ton, an increase of 300 yuan / ton compared with last weekend. The selling price of Kemike Shandong Neopentyl Glycol at the weekend was 9800 yuan/ton, which was temporarily stable compared with last weekend.

 

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 7833.33 yuan / ton at the end of last week to 7966.67 yuan / ton at the end of this week, an increase of 1.70%. The upstream raw material market price rose slightly, with good cost support. Affected by the supply and demand side, it has a positive impact on the price of neopentyl glycol.

 

3、 Future forecast

 

The market trend of neopentyl glycol in mid September was mainly up due to slight shock. The upstream isobutyraldehyde market rose slightly, with good cost support. The downstream paint market was in general, and the downstream purchasing enthusiasm 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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