1、 Price trend
| Sulfamic acid 99.50% |
It can be seen from the above figure that the domestic market price of neopentyl glycol dropped slightly this week. This week, the average price of domestic mainstream market of neopentyl glycol dropped from 9766.67 yuan / ton at the end of last week to 9666.67 yuan / ton at the end of this week, a decrease of 1.02%. On August 22, the neopentyl glycol commodity index was 47.07, which was the same as yesterday, down 54.57% from the highest point 103.61 in the cycle (September 22, 2021), and up 1.03% from the lowest point 46.59 on August 20, 2022. (Note: period refers to September 1, 2021 to now)
2、 Market analysis
| sulphamic acid |
This week, the price of neopentyl glycol mainstream manufacturers fell
From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price increased slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week increased from 933.33 yuan / ton at the end of last week to 7166.67 yuan / ton at the end of this week, an increase of 3.37%. The market price of raw materials in the upstream increased slightly, and the cost was well supported. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.
3、 Future forecast
In late August, the market trend of neopentyl glycol may rise slightly. The market price of isobutyraldehyde in the upstream increased slightly, and the cost support was good. The market price of coating in the downstream was general, and the enthusiasm of purchasing in the downstream was weakened. Analysts of neopentyl glycol of business club believe that under the influence of supply and demand and raw materials, the short-term neopentyl glycol market may rise slightly.
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