1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol rose first and then fell this week. The average price of domestic mainstream market price of neopentyl glycol rose from 16520.00 yuan / ton last weekend to 16647.33 yuan / ton this weekend, an increase of 0.77%.

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol rose this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 17000 yuan / ton, which fell by 500 yuan / ton compared with last weekend; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend was 15142 yuan / ton, which was 582 yuan / ton higher than that at the weekend. The distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17800 yuan / ton, which increased by 300 yuan / ton compared with last weekend

From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market fell sharply this week. The average price of isobutyraldehyde in the mainstream market fell from 16833.33 yuan / ton last weekend to 13666.67 yuan / ton this weekend, down 3166.66 yuan / ton, or 18.81%. The market price of upstream raw materials fell sharply and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of neopentyl glycol.

3、 Future forecast

In late January, the market trend of neopentyl glycol may decline slightly. The upstream isobutyraldehyde market fell sharply, the cost support weakened, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol of business society believe that the short-term neopentyl glycol market may decline slightly under the influence of supply and demand and raw materials.