1、 Price trend
| Chitosan oligosaccharide |
It can be seen from the above figure that the domestic market price of neopentyl glycol is temporarily stable this week. The average price of neopentyl glycol in domestic mainstream market this week is 10100.00 yuan/ton. On October 23, the neopentyl glycol commodity index was 48.67, unchanged from yesterday, 53.03% lower than the cycle’s highest point of 103.61 (2021-09-22), and 4.46% higher than the lowest point of 46.59 on August 20, 2022. (Note: Period refers to 2021-09-01 to now)
2、 Market analysis
Prices of mainstream neopentyl glycol manufacturers are temporarily stable this week
| Gamma-PGA (gamma polyglutamic acid) |
From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 6266.67 yuan/ton at the weekend to 6766.67 yuan/ton at the weekend, down 7.98%. The upstream raw material market price rose slightly, with good cost support. Affected by the supply and demand side, it has a positive impact on the price of neopentyl glycol.
3、 Future market forecast
The market trend of neopentyl glycol in late October was dominated by slight fluctuation. The upstream isobutyraldehyde market rose slightly, with good cost support. The downstream paint market was in general, and the downstream purchasing enthusiasm was weakened. The neopentyl glycol analysts of the business community believe that the market price of neopentyl glycol in the short term may rise slightly due to the influence of supply and demand, raw materials and other aspects.
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