1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol was adjusted at a low level this week, and the average price of the mainstream domestic market price of neopentyl glycol this week was 17533.33 yuan / ton. On April 23, the commodity index of neopentyl glycol was 84.50, unchanged from yesterday, down 18.44% from the highest point of 103.61 in the cycle (2021-09-22), and up 31.50% from the lowest point of 64.26 on January 3, 2022. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol this week was temporarily stable: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 17300 yuan / ton, which was temporarily stable compared with that at the end of last week; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend was 17500 yuan / ton. Compared with last weekend, the quotation was temporarily stable. The distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17800 yuan / ton. Compared with last weekend, the quotation was temporarily stable.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price fell slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 14600.00 yuan / ton last weekend to 14533.33 yuan / ton this weekend, down 0.46%. The market price of upstream raw materials fell slightly and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of neopentyl glycol.

3、 Future forecast

In late April, the market trend of neopentyl glycol may fluctuate slightly, mainly falling. The upstream isobutyraldehyde market fell slightly, the cost support was insufficient, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol in business society believe that the short-term neopentyl glycol market may fluctuate slightly and fall under the influence of supply and demand, raw materials and other aspects.