1、 Price trend

It can be seen from the above figure that the domestic market price of neopentyl glycol rose slightly this week. This week, the average price of the domestic mainstream market of neopentyl glycol rose from 9800.00 yuan/ton at the end of last week to 10166.67 yuan/ton at the end of this week, up 3.74%. Compared with the same period last year, it fell 38.93% year-on-year. The neopentyl glycol commodity index on February 5 was 49.32, which was the same as yesterday, down 52.40% from the cycle’s highest point of 103.61 (2021-09-22), and up 14.56% from the lowest point of 43.05 on November 28, 2022. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

This week, the prices of mainstream manufacturers of neopentyl glycol rose slightly.

From the perspective of the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 7900.00 yuan/ton at the end of last week to 8266.67 yuan/ton at the end of this week, up 4.64%. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.

3、 Future prospects

In the middle and late February, the market trend of neopentyl glycol may rise slightly. The upstream isobutyraldehyde market rose slightly, the cost support increased, the downstream paint market was general, and the downstream purchasing enthusiasm weakened. The neopentyl glycol analyst of the business agency believes that the short-term neopentyl glycol market is mainly affected by the supply and demand, raw materials and other aspects, and the market price may fluctuate slightly.