SunSirs: On July 20, the Domestic Price of Neopentyl Glycol Fell 1.74%

https://www.chemnet.com   Jul 21,2023 SunSirs

　　Trade name: Neopentyl glycol

　　Latest price (July 20th): 9,400.00 RMB/ton

　　Analysis review

　　On July 20, the price of neopentyl glycol in the domestic market fell slightly, 166.67 RMB/ton lower than that on July 19, or 1.74%, and 17.06% lower year-on-year. The market of raw material isobutyraldehyde was consolidated at a low level, with general cost support. The downstream polyester resin market was general, the market demand continued to be weak, and the downstream customers were less active in purchasing neopentyl glycol.

　　Market outlook

　　In the future, it is expected that the domestic neopentyl glycol market price will fluctuate and fall slightly. The average market price is around 9,000 RMB/ton.

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