Domestic neopentyl glycol rose 0.58% (5.7-5.13) this week

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

As can be seen from the above figure, the domestic market price of neopentyl glycol increased slightly this week, and the average price of domestic mainstream market price of neopentyl glycol increased from 17333.33 yuan / ton last weekend to 17433.33 yuan / ton this weekend, an increase of 0.58%. On May 15, the commodity index of neopentyl glycol was 84.02, unchanged from yesterday, down 18.91% from the highest point of 103.61 in the cycle (2021-09-22), and up 30.75% from the lowest point of 64.26 on January 3, 2022. (Note: the period refers to the period from September 1, 2021 to now)

 

2、 Market analysis

 

The quotation of mainstream neopentyl glycol manufacturers increased slightly this week: the distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17800 yuan / ton, which was temporarily stable compared with last weekend; Zibo de synthetic Feng neopentyl glycol sold at 17000 yuan / ton over the weekend, up 300 yuan / ton compared with last weekend. The distribution price of Chongqing Kaiyin Wanhua neopentyl glycol at the weekend was 17500 yuan / ton, which was temporarily stable compared with last weekend.

 

povidone Iodine

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 15166.67 yuan / ton last weekend to 15366.67 yuan / ton this weekend, an increase of 1.32%. 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

 

In mid May, the market trend of neopentyl glycol may fluctuate slightly and rise mainly. 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.

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