1、 Price trend
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As can be seen from the figure above, the domestic neopentyl glycol market price was consolidated at a low level this week. The average price of the mainstream market of neopentyl glycol in China this week was 9666.67 yuan/ton. On November 13, the neopentyl glycol commodity index was 46.59, unchanged from yesterday, down 55.03% from the highest point of 103.61 (2021-09-22) in the cycle, and up 0.34% from the lowest point of 46.43 on November 4, 2022. (Note: Period refers to 2021-09-01 to now)
2、 Market analysis
The price of neopentyl glycol mainstream manufacturers is temporarily stable this week
From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market fell from 6833.33 yuan/ton at the weekend to 6500.00 yuan/ton at the weekend, a decrease of 4.88%. The upstream raw material market price fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of neopentyl glycol was negatively affected.
3、 Future market forecast
Neopentyl glycol market trend in the middle and late November may fluctuate slightly. The upstream isobutyraldehyde market declined slightly, the cost support weakened, the downstream paint market was in general, and the downstream purchasing enthusiasm weakened. The neopentyl glycol analysts of the business community believe that the market price of neopentyl glycol in the short term may fluctuate slightly under the influence of supply and demand, raw materials and other aspects.
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