1、 Price trend

As can be seen from the figure above, the domestic neopentyl glycol market price rose slightly this week. This week, the average price of the mainstream market of neopentyl glycol in China rose from 8933.33 yuan/ton at the weekend to 8966.67 yuan/ton at the weekend, up 0.37%. A year-on-year decrease of 47.25%. On December 4, the neopentyl glycol commodity index was 43.21, unchanged from yesterday, down 58.30% from the cycle’s highest point of 103.61 (2021-09-22), and up 0.37% from the lowest point of 43.05 on November 28, 2022. (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

The price of mainstream neopentyl glycol manufacturers rose slightly this week.

From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price was temporarily stable this week. The average price of domestic isobutyraldehyde mainstream market this week is 6233.33 yuan/ton. The market price of upstream raw materials was adjusted at a low level, with average cost support. Affected by the supply and demand side, the price of neopentyl glycol was negatively affected.

3、 Future market forecast

Neopentyl glycol market trend in the first half of December was mainly down due to slight shock. The upstream isobutyraldehyde market was consolidated at a low level, with average cost support. The downstream paint market was in general, and the downstream purchasing enthusiasm was weakened. The neopentyl glycol analysts of the business community believe that the market price of neopentyl glycol in the short term may fluctuate slightly under the influence of supply and demand, raw materials and other aspects.