Domestic neopentyl glycol price rose by 10.53% (2.5-2.11) this week

1、 Price trend

 

Sodium Molybdate

As can be seen from the above figure, the domestic market price of neopentyl glycol rose sharply this week. The average price of domestic mainstream market price of neopentyl glycol rose from 16647.33 yuan / ton last weekend to 18400.00 yuan / ton this weekend, an increase of 10.53%.

 

2、 Market analysis

 

The quotation of mainstream manufacturers of neopentyl glycol increased this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 19000 yuan / ton, which increased by 2000 yuan / ton compared with last weekend; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend was 17000 yuan / ton, which was 1858 yuan / ton higher than that at the weekend. Jinan aochen Wanhua neopentyl glycol weekend distribution price of 19200 yuan / ton, compared with last weekend, the quotation increased by 1400 yuan / ton

 

Azodicarbonamide (AC foaming Agent)

From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market rose sharply this week. The average price of isobutyraldehyde in the mainstream market rose from 15400.00 yuan / ton last weekend to 17833.33 yuan / ton this weekend, up 2433.33 yuan / ton, or 15.80%. The market price of upstream raw materials rose sharply 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 late February 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.

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