1、 Price trend

It can be seen from the above figure that the domestic market price of neopentyl glycol dropped slightly this week. This week, the average price of domestic mainstream market of neopentyl glycol dropped from 10433.33 yuan / ton at the end of last week to 9766.67 yuan / ton at the end of this week, a decrease of 6.39%. On August 14, the neopentyl glycol commodity index was 47.07, which was the same as yesterday, hitting a new low in the cycle, down 54.57% from the highest point of 103.61 on September 22, 2021. (Note: period refers to September 1, 2021 to now)

2、 Market analysis

This week, the prices of the mainstream manufacturers of neopentyl glycol fell.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price increased slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week increased from 6666.67 yuan / ton at the end of last week to 7000.00 yuan / ton at the end of this week, an increase of 5.00%. The market price of raw materials in the upstream increased 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

The market trend of neopentyl glycol in the middle and late August may fluctuate slightly. The market price of isobutyraldehyde in the upstream increased slightly, and the cost support was good. The market price of coating in the downstream was general, and the enthusiasm of purchasing in the downstream was weakened. Analysts of neopentyl glycol of business club believe that under the influence of supply and demand and raw materials, the short-term neopentyl glycol market may rise slightly.