1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol rose sharply this month. The average price of domestic mainstream market price of neopentyl glycol rose from 13333.33 yuan / ton at the beginning of the month to 16647.33 yuan / ton at the end of the month, up 3314 yuan / ton, or 24.86%.

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol rose sharply this month: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the end of the month was 17000 yuan / ton, an increase of 3500 yuan / ton compared with the beginning of the month; The selling price of Jinan aochen Wanhua neopentyl glycol at the end of the month was 17800 yuan / ton, which increased by 4800 yuan / ton compared with the beginning of the month; The selling price of Shandong Zhiying Jihua neopentyl glycol at the end of the month was 15142 yuan / ton, which was 1642 yuan / ton higher than that at the beginning of the month

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose sharply this month. The quotation first rose from 9733.33 yuan / ton on January 1 to 17166.67 yuan / ton on January 11, up 7433.34 yuan / ton, up 76.37%, then fell to 13300.00 yuan / ton on January 25, down 22.52%, and finally rose to 15400.00 yuan / ton on January 31, up 15.79%. Overall, the isobutyraldehyde market rose first, then fell and then rose this month, with an increase of 58.22% for the whole month. The market price of upstream raw materials rose sharply, which had a positive impact on the price of neopentyl glycol due to the impact of supply and demand.

3、 Future forecast

In the middle and early days of February, the overall trend of neopentyl glycol market may rise slightly. The upstream isobutyraldehyde market rose sharply, the cost support was strengthened, 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 rise slightly under the influence of supply and demand and raw materials.