SunSirs: On February 22, the Domestic Price of Neopentyl Glycol Temporarily Stabilized
February 23 2023 13:35:57 SunSirs (John)
Price trend
On February 22, the domestic market price of neopentyl glycol was temporarily stable at 11,033.33 RMB/ton, which was the same as the price on February 21, and 45.97% lower than the same period last year.
Analysis review
The price of raw material isobutyraldehyde fell slightly, and the cost support for neopentyl glycol was not enough. The downstream coating market was general, and the downstream customers had common enthusiastic for purchasing neopentyl glycol.
Market outlook
In the future, it is expected that the domestic market price of neopentyl glycol may fall slightly in shock, mainly in consolidation. The average market price is about 10,000 RMB/ton.
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