1、 Price trend
| Benzalkonium chloride |
It can be seen from the above figure that the domestic market price of neopentyl glycol rose slightly this week. This week, the average price of the domestic mainstream market of neopentyl glycol rose from 10233.33 yuan/ton at the end of last week to 10866.67 yuan/ton at the end of this week, up 6.19%. Compared with the same period last year, it fell 40.05% year-on-year. The commodity index of neopentyl glycol on February 12 was 52.37, which was the same as yesterday, down 49.45% from the highest point of 103.61 (2021-09-22) in the cycle, and up 21.65% from the lowest point of 43.05 on November 28, 2022. (Note: the period refers to the period from September 1, 2021 to now)
2、 Market analysis
This week, the prices of mainstream manufacturers of neopentyl glycol rose slightly.
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From the perspective of the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose first and then fell this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 8266.67 yuan/ton at the end of last week to 8566.67 yuan/ton at the end of this week, up 3.63%. There is a downward trend over the weekend. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.
3、 Future prospects
In the middle and late February, the market trend of neopentyl glycol may fall slightly. The market price of isobutyraldehyde in the upstream rose slightly and the cost support increased, but the price had a downward trend at the weekend. The downstream paint market is general, and the enthusiasm of downstream procurement is weakened. The neopentyl glycol analyst of the business agency believes that the short-term neopentyl glycol market is mainly affected by supply and demand, raw materials and other factors, and the market price may fall slightly.
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