1、 Price trend
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As can be seen from the figure above, the domestic neopentyl glycol market price fell slightly this week. This week, the average price of the mainstream market of neopentyl glycol in China dropped from 9666.67 yuan/ton at the weekend to 9200.00 yuan/ton at the weekend, a decrease of 4.83%. A year-on-year decrease of 51.75%. On November 20, the neopentyl glycol commodity index was 44.18, down 0.16 points from yesterday, a record low in the cycle, and 57.36% from the peak of 103.61 on September 22, 2021. (Note: Period refers to 2021-09-01 to now)
2、 Market analysis
The price of neopentyl glycol mainstream manufacturers fell slightly this week.
From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market fell from 6500.00 yuan/ton at the weekend to 6333.33 yuan/ton at the weekend, a decline of 2.56%. The upstream raw material market price fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of neopentyl glycol was negatively affected.
3、 Future market forecast
The market trend of neopentyl glycol in late November may fluctuate slightly. The upstream isobutyraldehyde market declined slightly, the cost support weakened, 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 fluctuate slightly under the influence of supply and demand, raw materials and other aspects.
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