This week, domestic neopentyl glycol fell by 1.19% (7.16-7.22)

1、 Price trend

 

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It can be seen from the above figure that the domestic market price of neopentyl glycol fell slightly this week. This week, the average price of domestic neopentyl glycol in the mainstream market fell from 11200.00 yuan / ton last weekend to 11066.67 yuan / ton this weekend, down 1.19%. On July 24, the neopentyl glycol commodity index was 53.33, unchanged from yesterday, hitting a new low in the cycle, down 48.53% from the peak of 103.61 on September 22, 2021. (Note: the period refers to 2021-09-01 to now)

 

2、 Market analysis

 

Prices of neopentyl glycol mainstream manufacturers fell this week.

 

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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 8466.67 yuan / ton at the beginning of the week to 8000.00 yuan / ton at the end of the week, a decrease of 5.51%. 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 late July, the market trend of neopentyl glycol may fluctuate slightly and fall mainly. The upstream isobutyraldehyde market fell slightly, the cost support weakened, the downstream coating market was general, and the downstream purchasing enthusiasm weakened. The neopentyl glycol analyst of business agency believes that under the influence of supply and demand, raw materials and other aspects of the short-term neopentyl glycol market, the market price may fluctuate slightly and fall mainly.

http://www.lubonchem.com/

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