1、 Price trend

It can be seen from the above figure that the domestic neopentyl glycol market price rose slightly this week. This week, the average price of the mainstream domestic neopentyl glycol market rose from 16833.33 yuan / ton at the end of last week to 17500.00 yuan / ton at the end of this week, an increase of 3.96%. On June 10, the commodity index of neopentyl glycol was 84.34, unchanged from yesterday, down 18.60% from the highest point of 103.61 in the cycle (September 22, 2021), and up 31.25% 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 prices of the mainstream manufacturers of neopentyl glycol were temporarily stable this week: the distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17300 yuan / ton, which was temporarily stable compared with that at the end of last week; Zibo de synthetic Feng neopentyl glycol sold at a price of 17200 yuan / ton over the weekend. Compared with the previous weekend, the quotation was temporarily stable. The delivery price of Chongqing Kaiyin Vanuatu neopentyl glycol at the weekend was 18000 yuan / ton, which was temporarily stable compared with that at the weekend.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price fell slightly this week. The average price of isobutyraldehyde in the mainstream domestic market this week fell from 15866.67 yuan / ton last weekend to 15366.67 yuan / ton this weekend, a decrease of 3.15%. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of neopentyl glycol.

3、 Aftermarket forecast

In the middle of June, the market trend of neopentyl glycol may fluctuate slightly. The upstream isobutyraldehyde market fell slightly, the cost support weakened, the downstream coating market was general, and the downstream purchasing enthusiasm was weak. The neopentyl glycol analyst of the business agency believes that the short-term neopentyl glycol market may suffer a small shock and decline under the influence of supply and demand, raw materials and other aspects.