1、 Price trend

As can be seen from the figure above, the domestic neopentyl glycol market price rose slightly this week. This week, the average price of the mainstream market of neopentyl glycol in China rose from 8966.67 yuan/ton at the weekend to 9166.67 yuan/ton at the weekend, up 2.23%. A year-on-year decrease of 34.52%. On December 18, the neopentyl glycol commodity index was 44.18, unchanged from yesterday, down 57.36% from the cycle’s highest point of 103.61 (2021-09-22), and up 2.62% from the lowest point of 43.05 on November 28, 2022. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The price of neopentyl glycol mainstream manufacturers rose this week.

From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 6216.67 yuan/ton at the weekend to 6600.00 yuan/ton at the weekend, up 6.17%. The upstream raw material market price rose slightly, and the cost support increased. Affected by the supply and demand, it had a positive impact on the price of neopentyl glycol.

3、 Future outlook

The market trend of neopentyl glycol in late December was dominated by slight fluctuation. The upstream isobutyraldehyde market rose slightly, the cost support increased, 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 rise slightly due to the influence of supply and demand, raw materials and other aspects.