1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol fell slightly this week, and the average price of domestic mainstream market price of neopentyl glycol fell from 19666.67 yuan / ton last weekend to 18833.33 yuan / ton this weekend, down 4.24%.

2、 Market analysis

The quotation of mainstream neopentyl glycol manufacturers fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 18000 yuan / ton, which fell by 2000 yuan / ton compared with last weekend; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend was 20000 yuan / ton, which was temporarily stable compared with last weekend. The distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 18500 yuan / ton, which was 500 yuan / ton lower than that at the weekend

From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market rose slightly this week. The average price of isobutyraldehyde in the mainstream market rose from 13933.33 yuan / ton at the beginning of the week to 15133.33 yuan / ton at the end of the week, up 1200 yuan / ton, or 8.61%. The market price of upstream raw materials rose slightly, and the cost support was strengthened. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.

3、 Future forecast

The market trend of neopentyl glycol in the middle and early days of March may rise slightly. The upstream isobutyraldehyde market rose slightly, the cost support was strengthened, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol in business society believe that the short-term neopentyl glycol market may rise slightly due to the influence of supply and demand and raw materials.