1、 Price trend
| PVA |
The domestic market price of neopentyl glycol fell slightly this week. The quotation in the mainstream market fell from 17000 yuan / ton at the beginning of the week to 15500 yuan / ton at the end of the week, down 1500 yuan / ton.
2、 Market analysis
The quotation of mainstream manufacturers of neopentyl glycol fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 15500 yuan / ton, which fell by 1500 yuan / ton compared with the beginning of the week; The distribution price of Shanghai Qihua Jihua neopentyl glycol over the weekend was 15500 yuan / ton, which was 1500 yuan / ton lower than that at the beginning of the week; The distribution price of Shanghai Qihua Korea LG neopentyl glycol over the weekend was 16000 yuan / ton, which fell by 1000 yuan / ton compared with the beginning of the week; The distribution price of Shandong Zhiying Wanhua neopentyl glycol at the weekend was 17000 yuan / ton, which was temporarily stable compared with that at the beginning of the week. The weekend distribution price of Shandong Zhiying Jihua neopentyl glycol is 17000 yuan / ton, which is temporarily stable compared with that at the beginning of the week.
| PVA 1799 (PVA BF17) |
From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market fell sharply this week, and the market price fell from 9566.67 yuan / ton last weekend to 7800.00 yuan / ton this weekend, down 18.47%. The market price of upstream raw materials fell sharply, which had a negative impact on the price of neopentyl glycol due to the impact of supply and demand.
3、 Future forecast
In early December, the overall trend of neopentyl glycol market may decline slightly. The upstream isobutyraldehyde market fell sharply, the cost support weakened, 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 decline slightly under the influence of supply and demand and raw materials.
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