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 18166.67 yuan / ton at the beginning of the week to 17900.00 yuan / ton at the end of the week, down 1.47%.

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 17200 yuan / ton, which was 800 yuan / ton lower than that at the beginning of the week; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend is 18000 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Jinan aochen Wanhua neopentyl glycol weekend distribution price is 18500 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price fell sharply this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 15266.67 yuan / ton last weekend to 11233.33 yuan / ton this weekend, down 26.42%. The market price of upstream raw materials fell sharply and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of neopentyl glycol.

3、 Future forecast

The market trend of neopentyl glycol in the middle and late March may decline slightly. The upstream isobutyraldehyde market fell sharply, the cost support was insufficient, 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 fluctuate slightly and fall under the influence of supply and demand, raw materials and other aspects.