Domestic neopentyl glycol rose by 20.15% (1.1-1.7) this week

1、 Price trend

 

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As can be seen from the above figure, the domestic market price of neopentyl glycol rose sharply this week. The average price of domestic mainstream market price of neopentyl glycol rose from 13333.33 yuan / ton last weekend to 16020.00 yuan / ton this weekend, an increase of 20.15%.

 

2、 Market analysis

 

The quotation of mainstream manufacturers of neopentyl glycol increased this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 16500 yuan / ton, which increased by 3000 yuan / ton compared with the beginning of the week; The weekend distribution price of Shandong Zhiying Jihua neopentyl glycol is 14560 yuan / ton, which is 1560 yuan / ton higher than that at the beginning of the week. Jinan aochen Wanhua neopentyl glycol weekend distribution price is 17000 yuan / ton, compared with the beginning of the week, the quotation has increased by 3500 yuan / ton

 

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From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market rose sharply this week. The average price of isobutyraldehyde in the mainstream market increased from 9733.33 yuan / ton last weekend to 14400.00 yuan / ton this weekend, up 4666.67 yuan / ton, or 47.95%. The market price of upstream raw materials rose sharply, and the cost support was strengthened. 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 January may rise slightly. The upstream isobutyraldehyde market rose sharply, the cost support was strengthened, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol of business society believe that the short-term neopentyl glycol market may rise slightly under the influence of supply and demand and raw materials.

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