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 11066.67 yuan / ton at the end of last week to 10433.33 yuan / ton at the end of this week, a decrease of 5.72%. On August 8, the neopentyl glycol commodity index was 48.84, a decrease of 1.44 points from yesterday, a new low in the cycle, and a decrease of 52.86% 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 dropped slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week decreased from 7266.67 yuan / ton at the end of last week to 6766.67 yuan / ton at the end of this week, a decrease of 6.88%. The market price of upstream raw materials fell slightly, and the cost support weakened. 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 early August may fluctuate slightly. The upstream isobutyraldehyde market fell slightly, the cost support was weakened, the downstream coating market was 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 fluctuate slightly.