SunSirs: On August 8th, the Price of Domestic Neopentyl Glycol Increased by 2.67%

https://www.chemnet.com   Aug 09,2023

　　Product Name: Neopentyl Glycol

　　Latest price (August 8th): 9,600.00 RMB/ton

　　From the data monitoring chart of SunSirs, it can be seen that since August (8.1-8.07), the

　　Analysis review

　　On August 8th, the domestic market price of neopentyl glycol slightly increased, with a price increase of 250 RMB/ton compared to August 7th, an increase of 2.67%, and a year-on-year decrease of 5.26%.

　　The market price of raw material isobutyraldehyde had recently slightly increased, with good cost support. The market situation of downstream polyester resin was average, and downstream customers had average enthusiasm for purchasing neopentyl glycol.

　　Market outlook

　　In the future, it is expected that the domestic market price of neopentyl glycol may fluctuate upward slightly. The average market price is around 9,800 RMB/ton.

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